The Biodiversity Finance Initiative (BIOFIN) Tracey Cumming, Department of Environmental Affairs National Business and Biodiversity Network, June 2015

Transcription

1 The Biodiversity Finance Initiative (BIOFIN) Tracey Cumming, Department of Environmental Affairs National Business and Biodiversity Network, June 2015 Biodiversity and Conservation

2 The Biodiversity Finance Initiative The Biodiversity Finance Global initiative launched in 2012 at the Conference Initiative of the Parties (BIOFIN) to the Convention on Biological Diversity Tracey Cumming, Department of Environmental Affairs Managed by the United Nations National Business and Biodiversity Development Network, Programme June 2015 (UNDP), in partnership with the European Union and the Governments of Germany and Switzerland Biodiversity and Conservation

3 The Biodiversity Finance Initiative The Biodiversity Finance BIOFIN develops and pilots a new approach and methodology for leveraging increased biodiversity investments Initiative (BIOFIN) Aims Tracey Cumming, Department of Develop a comprehensive Environmental national Affairs resource mobilizing strategy National Business and Biodiversity Improve cost effectiveness Network, through June 2015 the mainstreaming of biodiversity into national development and sectoral planning Develop a methodology for quantifying the biodiversity finance gap at national level Biodiversity and Conservation

4 Botswana Chile Colombia Costa Rica Ecuador Fiji Guatemala India Indonesia Kazakhstan Malaysia Mexico Peru Philippines Seychelles South Africa Thailand Uganda Zambia

5 Component 1 Review of policies, institutions and expenditure Component 2 Cost assessment Phase 1 Component 3 Resource mobilisation plan Component 4 Implementation Phase 2

6 Component 1 Review of policies, institutions and expenditure Workbook 1a Review policy and practice drivers of change Positive and negative trends Identify sector/subsector practices polices/market forces policy recommendation Workbook 1b Identify key actors and institutions Positive and negative trend key actors Scenarios (BAU and biodiversity) responsibilities and costs for each actor under both scenarios Workbook 1c Review amount and effectiveness of expenditure Captures expenditure at as fine a detail as possible, +/-, noting effectiveness Draws on actors, policies and programmes identified in 1a and 1b

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9 Private sector expenditure Possible areas of interest Game farms Private protected areas Marine fisheries

10 Component 2 Cost Assessment Workbook 2a Analysis of NBSAP costs National Strategy and Action Plan costable actions costable action units relate full cost back to targets/indicators Workbook 2b Gap analysis Determining the finance gap

11 Findings from Philippines Costing

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13 Demonstrating financial gaps: Slovenia national park

14 Component 3 Resource Mobilisation Plan Decentralized strategies (sector-based) to mobilize and allocate the funding required to fill the financial gap over a period of time Component 4 Implementati on Begin implementation of the Resource Mobilisation Plan Second phase of project

15 Resource Mobilisation Strategy Decentralized The strategies Biodiversity (sector-based) Finance to mobilize and allocate the funding required to fill the financial gap over a period of time Initiative (BIOFIN) Priority-based fund allocation (sector-based) Tracey Cumming, Department of New and existing financial mechanisms Environmental Affairs Market and non-market based financial mechanisms National Business and Biodiversity Phasing out of financial Network, incentives June 2015 that result in biodiversity degradation / perverse incentives Cost reductions strategies Financial performance indicators Biodiversity and Conservation Financial information management systems

16 Photo: Nick Ahlers Tracey Cumming BIOFIN Project Leader Department of Environmental Affairs