Financing The Stewardship Of Global Biodiversity

This report examines six mechanisms that can be used to scale-up financing for biodiversity conservation and sustainable use and to help meet the 2011-20 Aichi Biodiversity Targets.

Global Biodiversity Finance sets out the case for scaling up Payments for Ecosystem Services (PES) at the international level. The book explores how International Payments for Ecosystem Services (IPES) can help capture the global willingness-to-pay for

'For at least two decades, scholars and practitioners have argued that international beneficiaries of ecosystem conservation should help pay for the supply of services from which they benefit. Yet these arguments have remained inchoate and have had little real impact on the ground. Bishop and Hill's excellent edited volume should help change that. The chapters are chock full of insights and guidance for scaling payments for environmental services to the international level. Everyone interested in the formidable problems of generating sufficient, reliable funding for international ecosystem con.

It has become clear during recent global deliberations on biodiversity conservation that achieving Protected Area (PA) financial sustainability will require major changes in the way that PA funding is conceptualized, captured and used. With many, if not most, PAs facing funding crises, both in terms of the amount of funds available and how those are used, there is an urgent need to expand and diversify PA financial portfolios, and to ensure that funding reaches the groups and activities essential for biodiversity conservation. A range of innovative financing mechanisms have been developed and implemented to increase funding for PAs. This document aims to review and assess the status of a variety of these mechanisms, the major obstacles and opportunities for their implementation, and the potential for improvement.

This report sets the economic and business case for urgent and ambitious action on biodiversity. It presents a preliminary assessment of current biodiversity-related finance flows, and discusses the key data and indicator gaps that need to be addressed to underpin effective monitoring of both the pressures on biodiversity and the actions (i.e. responses) being implemented. The report concludes with ten priority areas where G7 and other countries can prioritise their efforts.

These guidelines explore financing options for protected areas and provide advice and information on sustainable financing. Both public and private financing is needed to ensure provision of the private and public goods and services which protected areas provide. A step-by-step process is given which protected area managers can use to create business and financial plans tailored to the needs and strengths of their protected area. Mechanisms are discussed for generating revenue flows from both public and private sources and an overview of potential grant-based sources of financing is given. It concludes with case studies demonstrating how protected area managers worldwide have developed cohesive funding strategies.