Source: https://www.cbd.int/financial/innovations.shtml
Timestamp: 2016-02-08 06:27:36
Document Index: 193103268

Matched Legal Cases: ['art 1', 'art 2', 'art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7', 'art 8', 'art 9', 'art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 1', 'art 2']

Innovative financial mechanisms Indicator: "Number of initiatives, and respective amounts, supplementary to the financial mechanism established under Article 21, that engage Parties and relevant organizations in new and innovative financial mechanisms, which consider intrinsic values and all other values of biodiversity, in accordance with the objectives of the Convention and the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of the Benefits Arising out of Their Utilization;" --- Decision X/3, paragraph 7(14)
Decision XI/4, paragraph 19 "Recognizing that the Convention’s strategy for resource mobilization calls for the exploration of new and innovative financial mechanisms at all levels with a view to increasing funding to support the Convention and its Strategic Plan for Biodiversity 2011–2020, and that some of those mechanisms are already being applied, and recalling decision X/3, reiterates that any new and innovative financial mechanisms are supplementary to and do not replace the financial mechanism established under Article 21 of the Convention"
Decision XI/4, paragraph 20 "Takes note of the synthesis on innovative financial mechanisms (UNEP/CBD/COP/11/14/Add.3), which is based on submissions made in response to decision X/3, paragraph 8 (c), and highlights activities related to innovative financial mechanisms that have taken place since the tenth meeting of the Conference of the Parties, and the discussion paper on safeguards for scaling-up biodiversity finance and possible guiding principles (UNEP/CBD/COP/11/INF7); recalls the outcome of the United Nations Conference on Sustainable Development (Rio+20), which encourages the further exploration and use of innovative sources of financing, alongside traditional means of implementation; notes the reports of the informal seminar dialogue on scaling up biodiversity finance held in Quito, Ecuador, from 6 to 9 March 2012, including the proposal on a net avoided emissions mechanism, and the workshop on financing mechanisms for biodiversity: examining opportunities and challenges, held in Montreal, Canada on 12 May 2012; requests the Executive Secretary to further develop the discussion paper on safeguards, based on comments from Parties and other relevant stakeholders, for submission to the fifth meeting of the Ad Hoc Open-ended Working Group on Review of Implementation of the Convention; and requests the Working Group, at its fifth meeting, to prepare a recommendation for consideration by the Conference of the Parties at its twelfth meeting"
Decision XI/4, paragraph 21 "Invites Parties and other relevant stakeholders to submit views and lessons learned on possible risks and benefits of country-specific innovative financial mechanisms, including on possible principles and safeguards for their use, in time for consideration by the Ad Hoc Open-ended Working Group on Review of Implementation of the Convention at its fifth meeting; requests the Executive Secretary to compile this information, taking into account the discussion paper contained in document UNEP/CBD/COP/11/INF/7 and building on previous submissions and initiatives, including the Quito seminar and the Montreal workshop referred to in paragraph 20; and requests the Working Group, at its fifth meeting, to discuss this for consideration by the Conference of the Parties at its twelfth meeting"
Empower Parties and relevant stakeholders to explore innovative financial mechanisms through education and training events, and foster appropriate skills and attitudes needed for innovative financing;Mobilize private funding through innovative financial mechanisms by fostering biodiversity entrepreneurship and enabling biodiversity entrepreneurs to experiment, invest and expand creative economic activities that contribute to addressing biodiversity challenges;Facilitate efficient knowledge development and flows through the development of networks and markets which enable the creation, circulation and diffusion of knowledge;Explore and apply innovative financial mechanisms to address global and social challenges as related to biodiversity loss, including through the development of international mechanisms to provide finance and incentives to address global challenges through innovation in developed and developing countries. Further readings
Resource mobilization information digest No. 502: National Experience and Perspectives in Innovative Financial Mechanisms. This digest provides a compilation of the submissions from Canada, Costa Rica, Ecuador, European Union, India, Japan, Mexico, Moldova, Norway, and Russian Federation with respect to innovative financial mechanism in 2012 in preparation of the eleventh meeting of the Conference of the Parties.
Submissions from Parties and Organizations
Ecuador submission on innovative financial mechanismsNorway submission on innovative financial mechanisms Part 1Part 2 GDI submission on innovative financial mechanismsCEEweb for Biodiversity submission on innovative financial mechanismsIUCN submission on innovative financial mechanismsIndia submission on innovative financial mechanismsJapan submission on innovative financial mechanismsUNCCD/GM submission on innovative financial mechanismsJapan submission on resource mobilization strategyFinland and UK submission on resource mobilization strategyBBOP submission on innovative financial mechanismsTNC submission on innovative financial mechanisms Part 1Part 2Part 3Part 4Part 5 Part 6Part 7Part 8Part 9 Russia Academy of Sciences submission on innovative financial mechanismsEcoNexus submission on innovative financial mechanisms Part 1Part 2Part 3Part 4Part 5 Global Forest Coalition submission on innovative financial mechanismsForest Peoples Programme submission on innovative financial mechanismsMexico submission on innovative financial mechanismsMoldova submission on innovative financial mechanismsOECD submission on innovative financial mechanisms Part 1Part 2 Canadian submission on innovative financial mechanismsEU submission on innovative financial mechanisms Quick links