Mobilising finance for global biodiversity targets

The article provides a review of biodiversity trends, drivers of biodiversity loss and looks at how finance can be mobilised to help achieve the targets set by the Kunming-Montreal Global Biodiversity Framework (GBF). The GBF states that US$200 billion has to be raised by 2030 to finance the other biodiversity goals. So far, the amounts available are much smaller. On the private finance side, there are a number of new instruments, such as biodiversity credits. On the public finance side, a number of financial instruments aim to establish proof of concept or a commercial track record of new solutions, which can become either replicable or scalable. Also considered are options to reduce debt servicing in developing countries and allocate some of that to biodiversity.