Overview of CBD Activities
Target 18 of the Kunming-Montreal Global Biodiversity Framework seeks to "identify by 2025, and eliminate, phase out or reform incentives, including subsidies, harmful for biodiversity, in a proportionate, just, fair, effective and equitable way, while susbstantially and progressively reducing them by at least 500 billion US-dollars by 2030, starting with the most harmful incentives, and scale up positive incentives for the conservation and sustainable use of biodiversity."
Earlier work of the Convention under the predecessor Aichi Biodiveristy Target 3 of the Strategic Plan for Biodiversity for the 2011-2020 included the adoption, by COP-12, of milestones for implementing Aichi Biodiversity Target 3 (see Annex I of the decision)
as well as modalities for its effective implementation, as contained in the pertinent document
The modalities reflect, to considerable extent, earlier consensus found on incentive measures. The Conference of the Parties recognized
that 'perverse' incentives harmful for biodiversity are frequently not cost-efficient and/or not effective in meeting social objectives while in some cases use scarce public funds, and urged Parties and other Governments to prioritize and significantly increase their efforts in actively identifying, eliminating, phasing out, or reforming, with a view to minimizing or avoiding negative impacts from, existing harmful incentives for sectors that can potentially affect biodiversity. The Conference of the Parties also acknowledged
that identifying, eliminating, phasing out, or reforming existing harmful incentives requires:
CBD Technical Series no. 56
- the conduct of careful analyses of available data and
- enhanced transparency, through ongoing and transparent communication mechanisms on
- the amounts and the distribution of perverse incentives provided, as well as of
- the consequences of doing so, including for the livelihoods of indigenous and local communities.
provides earlier lessons learned and good practices cases in identifying and removing or mitigating incentive measures that are harmful for biodiversity.