Drawing on the IPBES Global Assessment, the Society for Conservation Biology proposes concept for global biodiversity financing

Description of Impact(s) (English Only) Drawing on findings from the IPBES Global Assessment, experts from the Society for Conservation Biology have proposed a novel concept for global biodiversity financing, which can serve as a starting point for more specific policy dialogues on intergovernmental burden and benefit-sharing mechanisms to halt biodiversity loss. Given the lack of progress on the Aichi biodiversity targets, the authors advocate for better targeted financial resource mobilization and, consequently, develop three potential designs for a global-scale financial mechanism to support biodiversity conservation through intergovernmental transfers. They determine that the socioecological design would provide the strongest median incentive for states which are farther from achieving the target. It would also be intended to provide input to current efforts within IPBES to identify policies that could help to slow down, halt and potentially reverse the current decline in biodiversity.