Additional financial resources
The Conference of the
Parties,
Recalling
the commitments made by all Parties in Articles
20 and 21 of the Convention on Biological Diversity,
Recalling
also paragraph 44 of the Plan of
Implementation of the World Summit on Sustainable
Development,
Welcoming the substantial
third replenishment of the Global Environment Facility Trust
Fund,
Concerned
with funding gaps, at all levels,
that remain in addressing the needs for achieving the three-fold
objectives of the Convention in a balanced manner,
Affirming that poverty
eradication, sustainable development and the achievement of the
three objectives of the Convention are closely
inter-linked,
1.
Urges Parties and Governments, international and regional
financial institutions and development agencies, as well as other
donors, to take timely actions to ensure the effective
implementation of the programme of work as well as the Strategic
Plan of the Convention and associated targets;
2.
Stresses the importance of implementing paragraph 7 of
decision VI/16 in which Parties and Governments are invited to
share their experience on developing and implementing financial
measures for supporting national biodiversity strategies and action
plans, and encourages the Executive Secretary to compile and
disseminate such information as available;
3.
Urges Parties to fully implement the Monterrey Consensus on
financing for development and conclude successfully the Doha
Development Negotiation Round process;
4.
Notes with appreciation the publication "Aid
activities targeting the objectives of the Rio Conventions
1998-2000" released by the Development Assistance Committee
of the Organization for Economic Cooperation and Development, and
invites the Organization for Economic Cooperation and
Development to provide information on financial flow statistics
relating to the objectives of the Convention to the Conference of
the Parties at its eighth meeting;
5.
Invites Parties and Governments, funding institutions and
development agencies, as well as other donors, which have not done
so, to make their funded biodiversity related projects publicly
available on their respective websites and to notify the Executive
Secretary of the list of such projects;
6.
Requests the Executive Secretary to continue the efforts to
compile and disseminate biodiversity related funding information,
in order to monitor funding status, identify gaps in funding
activities and develop options;
7.
Invites Parties and Governments to enhance the integration
of biological diversity into their sectoral development and
assistance programmes;
8.
Invites Parties and Governments to develop and encourage
biodiversity related partnership arrangements with and among
funding institutions and other stakeholders, including with banking
and business sectors, in order to promote, inter alia, the
development and implementation of initiatives such as the Global
Initiative on Banking, Business and Biodiversity, in support of the
achievement of the objectives of the Convention and agreed global
targets;
9.
Encourages Parties and Governments, international and
regional financial institutions and development agencies, as well
as other donors, to further explore opportunities to utilize
various initiatives including debt-relief instruments to promote
conservation and sustainable use of biodiversity.
