Katy Roxburgh’s Post

In 2022, developed countries took a critical step towards supporting the protection of biodiversity, pledging to invest at least $20 billion per year by 2025 to help halt and reverse biodiversity loss in developing countries. With just months to go until the 2025 deadline to deliver this commitment Campaign for Nature has commissioned new research from the global think-tank ODI, taking the first-ever look at how much each developed country should be contributing to this $20bn commitment in order to keep the promise they made in the landmark 2022 Kunming-Montreal Global Biodiversity Framework (GBF). The report — “A fair share of biodiversity finance: Apportioning responsibility for the $20 billion target by 2025” — finds that according to the latest figures available from the OECD - OCDE only two countries were paying their fair share of the funding that is urgently needed at the time of this agreement. The data also shows that the overwhelming majority of developed countries were not providing even half of their fair share. We can halt and reverse biodiversity loss, but it requires urgent action to mobilize the funding so desperately needed to do so - this report offers a path forward. Read the full report and our recommendations here: https://lnkd.in/e8CbciGD #NatureFinance #Biodiversity #20x25

We can halt and reverse biodiversity loss, but it requires urgent action to mobilize the funding so desperately needed to do so - this report offers a path forward. Talk to us BirdLife International. Read the full report and CfN recommendations here: https://lnkd.in/e8CbciGD #NatureFinance #Biodiversity #20x25

This report from ODI & Campaign for Nature focuses on the imminent deadline for Developed Countries to deliver on the $20bn promise made at COP15 as part of the Kunming-Montreal Global Biodiversity Framework. With less than 6 years left to achieve the ‘30x30’ goal, the provision of adequate and easily accessible nature finance is of paramount importance. The report highlights that over 80% of developed countries are providing less than half of their fair share of the agreed $20 billion target. The largest dollar gaps were found in Japan, UK, Italy, Canada, Korea and Spain, which together account for 71% of the shortfall, though many other countries had larger gaps on a percentage basis.

COP16 global biodiversity talks to focus on financing: Biodiversity financing will be a hot topic at the upcoming COP16 in Colombia, as little progress has been made since the last summit in December 2022.

"Getting Biodiversity Net Gain right is critical” says IEMA after UK National Audit Office (NAO) highlights deficiencies. IEMA Director Policy & Public Affairs, Ben Goodwin said: “Getting Biodiversity Net Gain right across different development types and sizes is critical, but it is a long-term endeavour and will require iteration to achieve the best outcomes. The conclusions of the National Audit Office's report are consistent with this." This comes as the National Audit Office’s report on Biodiversity Net Gain (BNG) - which requires developers to achieve a 10 per cent improvement in biodiversity from new building projects – found “(BNG) has a long way to go before it can be confident that … the benefits of biodiversity enhancements will actually be delivered”. The Environmental Audit Committee, which commissioned the report from the NAO, is undertaking an inquiry into the current and potential future role of natural capital in the green economy, and the Government’s proposals to increase private investment in measures to support nature recovery. Read IEMA's full response: https://bit.ly/3WHVN83

All businesses can contribute to advancing the Global Biodiversity Framework.

COP16 - SPRINGTIME FOR BIODIVERSITY Colombia hosts COP16 of the Convention on Biological Diversity (CBD), under the presidency of its government, in Cali (21 October - 1 November). This is a key milestone in the implementation of the Kunming-Montreal Global Biodiversity Framework (GBF): described as a pivotal agreement for international biodiversity governance, particularly because of the ambition of its goals and targets aimed at halting and reversing the biodiversity loss, it has actually been facing numerous challenges and adverse political decisions since its adoption in December 2022. Against this backdrop, this blog post sets out the priorities identified by IDDRI for strengthening the international momentum and adopting key mechanisms needed to implement the GBF.

Ahead of CBD COP16 we released a report looking at how businesses could contribute to the Global Biodiversity Framework (link below) https://lnkd.in/e7dxewHN . This report sets out the following: ✅ Why is the role of businesses important (READ: CRITICAL) for the development and implementation of the Global Biodiversity Framework (GBF) and National Biodiversity Strategy and Action Plans (NBSAPs)? ✅ Why is it good for businesses to engage with the GBF and NBSAPs? ✅ What existing guidance is already available for businesses and policy makers on how best to do this? ✅ A mapping exercise which sets out how different sectors across ALL businesses can contribute to each of the 23 targets (both in terms of specific activities they can do, as well as the types of investment activities they can make). During CBD COP16, negotiators discussed two specific decisions relating to this issue: 1. The Global Biodiversity Monitoring Framework 2. The mechanisms for PMRR (Planning, monitoring, reporting and review) Unfortunately due to the meeting being suspended, neither decision has yet been adopted.... but here are some key points within the draft decisions on this topic: 1. Technical updates to the headline and binary indicators which countries will need to use in their national reports and which include specific references to businesses (e.g. Has your country put in place measures to ensure that large and transnational companies and financial institutions progressively reduce their negative impacts on biodiversity and increase their positive impacts?) 2. That the global review of collective progress of the GBF will include information on actors other than national governments and requests the CBD Secretariat to continue to develop a mechanism for tracking commitments of actors other than national Governments. 3. A request for the CBD secretariat to facilitate an informal dialogue among Parties and all relevant actors (including a specific mention to the private and financial sectors) on the global review - to include sharing of best practices, challenges, gaps and solutions. 4. Development of a specific annex (Annex II) titled "Communication of commitments by actors other than national governments" which sets out (a) General principles for including commitments from actors other than national governments in the enhanced multidimensional approach to planning, monitoring, reporting and review (b) Core reporting elements for commitments by actors other than national governments. More work is needed in this space (and for those wondering....this is also an issue for the NDCs and Paris Agreement too....). Interested in hearing from those who are doing more thinking on these issues...

🌿Pollination recently released an informative report on the state of the voluntary biodiversity credit markets🌿 ◻ The report was based on a survey of 16 organisations that are leading the development and sale of biodiversity credits, with rePLANET being one of these. It offers the first comprehensive estimate of voluntary biodiversity credit markets global value and sheds light on the key drivers of demand. ◻ Report findings reveal that biodiversity markets are expanding, integrity measures are strengthening, and early transactions are building confidence in their future. Global interest in these markets appears to be increasing due to their ability to positively contribute to the Kunming-Montreal Global Biodiversity Framework and the goal of being nature-positive by 2030. To find out more, click here: https://lnkd.in/eQkAspbr

At #IPBES11 in Windhoek, Namibia, I took part in the Working Group 1 (WG-1) discussion on the second global assessment and made the following statement. **** The first IPBES global assessment report on biodiversity and ecosystem services was key for the adoption of the Kunming-Montreal Global Biodiversity Framework #KMGBF. The second global assessment will coincide with the Framework's final review. That is no coincidence: Parties to UN Biodiversity and IPBES members recognized that the primary rationale for conducting the second global assessment is to inform the post-2030 global biodiversity framework. If we do get it right, the global assessment has the potential to set the stage for developing the next global biodiversity framework that builds on what the KMGBF will have accomplished and seeks to fill gaps that the second global assessment would reveal. Looking at the scoping report, I can see that the objective of the assessment is to support governments and stakeholders in implementing the KMGBF, to support the assessment of progress towards the four goals and 23 targets, and to assess the scientific and technical basis for what is needed to achieve the 2050 Vision for Biodiversity.   To maximise the policy impact of the second global assessment, it will be important to provide, as much as possible a target-specific analysis or an analysis of progress towards the headline indicators of the KMGBF. The WG-1 Chair’s informal note contains some revisions in line with this need; this is very welcome.    To avoid that the IPBES second global assessment misses a major opportunity, we need to go further, be even more precise and analyse the targets of the KMGBF one by one, and probe how progress towards the targets has generated progress towards the mid-century goals and vision of the Global Biodiversity Framework. No other report can do that. **** 📷 International Institute for Sustainable Development / ENB