Target 4

𝐓𝐚𝐫𝐠𝐞𝐭 𝟏𝟗: 𝐌𝐨𝐛𝐢𝐥𝐢𝐳𝐞 $𝟐𝟎𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐩𝐞𝐫 𝐘𝐞𝐚𝐫 𝐟𝐨𝐫 𝐁𝐢𝐨𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐅𝐫𝐨𝐦 𝐚𝐥𝐥 𝐒𝐨𝐮𝐫𝐜𝐞𝐬, 𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 $𝟑𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐢𝐧𝐚𝐧𝐜𝐞

🤔 𝐖𝐡𝐚𝐭 𝐝𝐨 𝐲𝐨𝐮 𝐦𝐞𝐚𝐧 𝐛𝐲?
𝐅𝐫𝐨𝐦 𝐚𝐥𝐥 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 – The resources mobilized for implementing national biodiversity strategies and action plans should come from all sources. This includes domestic, international, public and private  sources.

🌿 𝐓𝐢𝐦𝐞𝐥𝐲 𝐚𝐧𝐝 𝐞𝐚𝐬𝐢𝐥𝐲 𝐚𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐥𝐞 𝐦𝐚𝐧𝐧𝐞𝐫 – Bearing in mind the time frame covered by the Kunming-Montreal Global Biodiversity Framework, the resources to support its implementation need to be made available in a time and manner that they can effectively used by Parties. This element of the target links to the final element of the target calling for the effectiveness, efficiency and transparency of resource provision and use to be enhanced.

🌿 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 – The target specifies that international financial resources provided by developed countries, and countries that voluntarily assume obligations of developed country Parties, and  to developing countries, should be increased. By 2025 these funds should reach $20 billion per year, and by 2030 they should reach $30 billion per year. Official development assistance is identified in the target as one means of accomplshing this. The target further specifies the need to pay particular attention to the needs of the least developed countries and small island developing States, as well as countries with economies in transition.

🌿 𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐫𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐦𝐨𝐛𝐢𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 – The target calls for domestic resource mobilization to increase signigantly and specifies that this increase can be facilitated through the preparation and implementation of national biodiversity finance plans or similar instruments.

🌿 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐬𝐞𝐜𝐭𝐨𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 – The target identifies different mechanisms through which the private sector could contribute to the implementation of national biodiversity strategies and actions. These include blended finance, developing funding strategies, impact funds and other instruments that encourage private sector involvement.

🌿 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐬𝐜𝐡𝐞𝐦𝐞𝐬 – The target identifies innovative finance schemes, such as payment for ecosystem services, green bonds, biodiversity offsets and credits, and benefit-sharing mechanisms, as a means of mobilization resources for implementation. This element also notes that such shcemes should have environmental and social safeguards.

🌿 𝐒𝐲𝐧𝐞𝐫𝐠𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 – Biodiversity loss and climate change and linked societal challenges. The resources mobilized to address these challenges are potentially synergistic and offer opportunities for efficiencies which should be considered in the actions to reach this target.

🌿 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐯𝐞 𝐚𝐜𝐭𝐢𝐨𝐧 – Collective action refers to actions taken by groups of people towards a common goal or objective. Many groups, including indigenous peoples and local communities, act for biodiversity. While these actions do not necessarily generate resources, they do have value, which should be accounted for as part of this target. This also applies to Mother Earth- centric actions and other non-market-based approaches to biodiversity.

To learn more about all 23 Targets, please visit: https://www.cbd.int/gbf/targets🌿