Metadata Factsheet

1. Indicator Name

Public [funding] [expenditure] and private [funding] [expenditure] on conservation and sustainable use of biodiversity and ecosystems [as well as development and access to innovation, technology transfer and research on innovation]

2. Date Of Metadata Update

2022-10-01 12:00:00 UTC

3. Goals And Targets Addressed

3a. Goal

Goal D

3b. Target

Target 19

4. Proposed Rationale

Draft Goal D relates to the means of implementation for the post-2020 global biodiversity framework. The post-2020 global biodiversity framework will need to be implemented primarily through activities at the national and/or subnational levels, with supporting action at the regional and global levels. However, the capacity for implementing the Convention in terms of human, technical and financial resources is limited in most countries, especially in developing countries, in particular the least developed countries and small island developing States, as well as countries with economies in transition. Reaching the 2050 Vision for biodiversity will require that the necessary means of implementation are available to enable Parties and stakeholders to undertake the necessary actions.

Inadequate funding levels are a major impediment to effective biodiversity conservation in many countries and may be associated with failures to meet global targets. Conservation investment has been demonstrated to reduce biodiversity loss. Spending on biodiversity provides a very high social return on investment. Thus, while increased biodiversity resource mobilization from all sources is not only necessary to reduce, halt and reverse biodiversity loss (i.e.to bend the curve on biodiversity loss) it is also likely to generate net economic benefits for both present and future generations. Current global biodiversity finance is of the order of $100 billion per year, while estimates of funding needs for a comprehensive post 2020 global biodiversity framework are of the order of $800 billion per year, giving a funding gap of the order of $700 billion per year. This indicator will monitor the extent to which the gap between available financial resources and those necessary to achieve the 2050 Vision, is closed.

5. Current Level of Development

This proposed indicator is not yet developed. An organization(s) to develop it and to support its operationalisation needs to be identified.

6. Proposed timetable of Development

This proposed indicator is not yet developed. On the basis of information provided in the national reports (depending on their agreed format) and/or additional surveys of Parties to the Convention on Biological Diversity, reporting information related to this indicator would be feasible for the sixteenth meeting of the Conference of the Parties.

7. Proposed Scale of use

This proposed indicator is not yet developed. However it would most likely need to be developed on basis on national data which could then be aggregated to the global level.

Yes

8. Proposed Data Source

No methodology for this indicator is currently available. Data sources, including definitions and data collection methods, need to be identified. Information could be provided through the national reports to the Convention on Biological Diversity and/or complimentary surveys of Parties.

9. Proposed Indicator provider

This proposed indicator is not yet developed. An indicator provided needs to be identified. In the event that an appropriate indicator provider cannot be identified information could be collected by the Secretariat of the Convention on Biological Diversity through the national reports to the Convention on Biological Diversity and/or complimentary survyeys of Parties.

10. Data Reporter

10a. Organisation

N/A

11. References

Indicator not yet developed. To be identified.

12. Graphs And Diagrams

N/A

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