Environmental Groups Welcome New Global Commitments to Fund Biodiversity Conservation

10/17/2014

Joint Statement from BirdLife International, Conservation International, The Nature Conservancy and WWF

​​​​Pyeongchang, Republic of Korea – The Convention on Biological Diversity’s (CBD) Twelfth Conference of Parties (COP 12) closed with some hard won advances with respect to financing for biodiversity conservation.  

At COP 12, Parties recognized the foundational role that biodiversity plays in sustainable development and how, at the same time, the lack of sufficient financial resources presents a major obstacle to achieving the Convention’s three objectives. 

The Global Biodiversity Outlook 4, the flagship publication of the CBD launched on the opening day of negotiations, added pressure for discussions as its findings called for urgent actions, including on financing, to halt the loss of biodiversity and degradation of ecosystems. 

On the last day of the COP 12, after 10 days of long and difficult negotiations on the issue of financing, developed countries reaffirmed the commitment they made in Hyderabad, India, at COP11, to double international financial flows for biodiversity by 2015 and to at least maintain this level until 2020. Another positive outcome was the decision made by all governments to find ways to increase domestic resources to reduce the financial gap for effective implementation of the Aichi Targets.  

Countries also expressed further encouragement to provide additional financing for capacity building to enable developing countries to catalyze new financial resources from all sources. Finally, countries agreed to fast-track efforts to remove or reform subsidies that are harmful to biodiversity as a cost effective and impactful measure for biodiversity conservation. 

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About BirdLife International
BirdLife International is the world’s largest nature conservation Partnership. Through our unique local-to-global approach, we deliver high impact and long-term conservation for the benefit of nature and people. For more information, visit www.birdlife.org.

About Conservation International (CI)
Since 1987, Conservation International has been working to improve human well-being through the care of nature. With the guiding principle that nature doesn't need people, but people need nature—for food, water, health and livelihoods—CI works with more than 1,000 partners around the world to ensure a healthy, more prosperous planet that supports the well-being of people. Learn more about CI and the Nature Is Speaking campaign, and follow CI's work on Facebook, Twitter and YouTube.

About The Nature Conservancy
The Nature Conservancy is a leading conservation organization working around the world to protect ecologically important lands and waters for nature and people. The Conservancy and its more than 1 million members have protected nearly 120 million acres worldwide. Visit The Nature Conservancy on the Web at www.nature.org.

About WWF
WWF is one of the world’s largest and most respected independent conservation organizations, with over 5 million supporters and a global network active in over 100 countries. WWF's mission is to stop the degradation of the Earth's natural environment and to build a future in which humans live in harmony with nature, by conserving the world's biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption. Visit www.panda.org/news for latest news and media resources.

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