Implementing the newly agreed Strategic Plan for Biodiversity 2011-2020 will require substantial mobilization of financial resources, but inadequate information on the scale of both current (baseline) spending and unmet needs is seen as considerable impediment.
Under the Strategic Plan for the Convention on Biological Diversity (CBD), world governments have committed to halting human-induced extinctions and safeguarding important sites for biodiversity by 2020. However, inadequate information on the scale of both current (baseline) spending on biodiversity conservation and unmet needs is seen as a major impediment to securing the necessary mobilization of financial resources.
This project aimed to address this gap by assessing the costs of delivering two key and urgent components of the Strategic Plan. Using data for birds the project assessed, for the first time, the costs of preventing extinctions (i.e.improving the conservation status of globally threatened species) and safeguarding (i.e. protecting and managing) a global network of key sites for biodiversity.
The results of the project also fed into the financing negotiations process at the CBD COP in Hyderabad, India in October 2012, on the magnitude of the financing needs for implementing the Strategic Plan.
This project was funded by the CCI Collaborative Fund for Conservation.