T18 (Incentives): How to Use GEF Funding
This page aims to provide information regarding the identifying and eliminating, phasing out or reforming incentives, including subsidies, harmful for biodiversity, while substantially and progressively reducing them, and scaling up positive incentives, for recipient Parties and relevant stakeholders, including how to access funding of the Global Environment Facility in this regard. It is a work in progress and will be updated as necessary.
Little progress has been made over the past decade in eliminating, phasing out or reforming subsidies and other incentives potentially harmful to biodiversity, and in developing positive incentives for biodiversity conservation and sustainable use. Relatively few countries have taken steps even to identify incentives that harm biodiversity, and harmful subsidies far outweigh positive incentives in areas such as fisheries and the control of deforestation. Reported efforts were: Revise licensing processes, including for hunting, fishing and felling; Phasing out subsidies for pesticides and fossil fuels; Efforts to identify potentially harmful subsidies; Actions related to the removal of harmful subsidies; Action to deny government support to certain types of behavior or activities harmful to biodiversity; Reducing taxes on renewable energy; Promoting payment for ecosystem services and offset schemes; Establishing certification and compensation schemes to incentivize activities such as sustainable ecotourism, landscape conservation, and the adoption of more efficient technologies; Efforts to encourage local land management; Provision of compensation for the reduction of harmful activities; Actions to recognize indigenous and local land use rights; Introducing biodiversity-relevant taxes, fees and charges, and tradeable permits, including those that are applied on pesticides, fertilizers, forest products and timber harvests to reflect the negative environmental externalities. Reported challenges were: Limited capacity; Funding and legislative action; Vested interests in maintaining current incentive schemes; Difficulties in upscaling pilot projects.
Financial support of the Global Environment Facility
GEF-financed projected related to incentives
- Food Systems
- Amazon, Congo, and Critical Forest Biomes
- Ecosystem Restoration
- Clean and Healthy Oceans
- Greening Transportation Infrastructure Development
- Circular Solutions to Plastic Pollution
- Net Zero Nature Positive Accelerator
- Eliminating Hazardous Chemicals from Supply Chains
- BDFA: Objective Three
- IWFA: Objective One and Three