CHM - ORTBy 2030, Dominica aims to implement a costed biodiversity finance plan that mobilises sustained public, donor and private resources, including Payment for Ecosystem Services, ecotourism, green bonds, biodiversity-linked fees and taxes, and blended finance, with transparent tracking. The plan will identify financing needs, existing resources and funding gaps, and guide investment in national biodiversity priorities. Financing mechanisms will be developed according to their feasibility, expected conservation benefits and environmental and social safeguards. Implementation will support effective resource use, equitable access and the long-term continuity of biodiversity action.
Dominica aims to prepare and implement a biodiversity finance plan linked to the NBSAP, national targets, public budgets and investment programmes. A review of expenditure, revenue and financing needs will establish a baseline and guide a prioritised set of financing measures, with clear responsibilities and implementation milestones. Domestic resource mobilisation will include biodiversity budget allocations and assessment of appropriate biodiversity-linked fees, taxes and ecotourism revenues. The plan will clarify how funds are allocated and used to support conservation and sustainable use. Implementation will assess and develop Payment for Ecosystem Services, green bonds and blended finance arrangements, alongside donor partnerships and private investment. Instrument selection will consider national fiscal conditions, administrative capacity, costs, safeguards and measurable biodiversity outcomes. A coordinated tracking system will record funding sources, commitments, disbursements, expenditure and results, avoiding double counting. Accessible funding arrangements and technical support will facilitate community-led action, including Kalinago priorities, while regular reporting will strengthen transparency and accountability.
| Metas mundiales | Grado de conformidad |
GBF-T19. GBF-T19.Aumentar sustancial y progresivamente, de manera eficaz, oportuna y de fácil acceso, el nivel de recursos financieros de todas las fuentes, entre ellos los recursos nacionales, internacionales, públicos y privados, de conformidad con el artículo 20 del Convenio, a fin de implementar las estrategias y planes de acción nacionales en materia de biodiversidad, movilizando al menos 200.000 millones de dólares de los Estados Unidos al año para 2030, entre otras cosas:
a) Aumentando el total de recursos financieros internacionales relacionados con la biodiversidad procedentes de los países desarrollados, incluida la asistencia oficial para el desarrollo, y de los países que asuman voluntariamente las obligaciones de las Partes que son países desarrollados, para los países en desarrollo, en particular, los países menos adelantados y los pequeños Estados insulares en desarrollo, así como los países con economías en transición, al menos a 20.000 millones de dólares de los Estados Unidos al año para 2025 y al menos a 30.000 millones de dólares al año para 2030;
b) Aumentando significativamente la movilización de recursos nacionales, facilitada mediante la preparación y aplicación de planes nacionales de financiación de la biodiversidad o instrumentos similares de acuerdo con las necesidades, prioridades y circunstancias nacionales;
c) Apalancando la financiación privada, promoviendo la financiación combinada, aplicando estrategias de obtención de recursos nuevos y adicionales, y alentando al sector privado a invertir en la biodiversidad, entre otras cosas, mediante fondos de impacto y otros instrumentos;
d) Estimulando planes innovadores, como pagos por los servicios de los ecosistemas, bonos verdes, compensaciones y créditos de biodiversidad y mecanismos de participación en los beneficios, con salvaguardias ambientales y sociales;
e) Optimizando los beneficios secundarios y las sinergias de la financiación destinada a atender las crisis de la biodiversidad y del clima;
f) Reforzando el papel de las acciones colectivas, entre ellas las de los pueblos indígenas y las comunidades locales, las acciones centradas en la Madre Tierra [1] y los enfoques no relacionados con el mercado, incluida la gestión comunitaria de los recursos naturales y la cooperación y solidaridad de la sociedad civil dirigidas a la conservación de la diversidad biológica;
g) Reforzando la eficacia, eficiencia y transparencia de la provisión y utilización de los recursos.
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[1] Acciones centradas en la Madre Tierra: enfoque ecocéntrico y basado en derechos que posibilita la implementación de acciones tendientes a lograr relaciones armónicas y complementarias entre las personas y la naturaleza, promoviendo la continuidad de todos los seres vivos y sus comunidades y garantizando la no mercantilización de las funciones ambientales de la Madre Tierra. | Alto |
Access to financial resources: The target explicitly seeks to mobilise, diversify and sustain biodiversity finance, supported by a costed plan and transparent tracking.
Collective effort towards the targets: Implementation promotes coordinated contributions from public institutions, donors, financial actors, businesses, civil society and communities.
Consistency with international agreements or instruments: The plan supports resource mobilisation for biodiversity objectives under the Convention on Biological Diversity and relevant sustainable development commitments.
Contribution and rights of Indigenous Peoples and local communities: Financing arrangements will recognise Kalinago rights, governance and priorities, support community-led action and promote equitable access to resources.
Cooperation and synergies: The plan will connect biodiversity finance with climate resilience, water security, sustainable production and livelihoods, identifying shared benefits while avoiding double counting.
Different value systems: Financing priorities will consider ecological, economic, cultural and livelihood values, including community stewardship and non-monetary contributions.
Ecosystem approach: Resources will support connected ecosystems and long-term ecological functions, informed by national conservation and sustainable-use priorities.
Fulfilment of the three objectives of the Convention and its Protocols, and their balanced implementation:The plan will support financing needs across conservation, sustainable use and fair and equitable benefit sharing.
Human rights-based approach: Funding mechanisms will promote transparency, participation and equitable access, with environmental and social safeguards and accessible channels for raising concerns.
Intergenerational equity: Sustained financing and provision for long-term maintenance will help preserve biodiversity and ecosystem services for future generations.
National circumstances, priorities and capabilities: Implementation reflects Dominica’s limited fiscal space, small domestic market, disaster vulnerability and dependence on biodiversity-based livelihoods.
Right to development: Biodiversity finance will support resilient livelihoods, community enterprise and sustainable economic opportunities while maintaining natural resources.
Science and innovation: Expenditure reviews, financing-needs assessments, ecosystem-service information and results monitoring will guide financing decisions and evaluate effectiveness.
Whole-of-government and whole-of-society approach: Implementation promotes institutional coordination and inclusive partnerships, with the Kalinago people and local communities participating in financing priorities, delivery and monitoring.
National Target 19 addresses key elements of GBF Target 19 through a costed biodiversity finance plan, mobilisation of public, donor and private resources, a range of financing mechanisms, and transparent tracking. The current wording does not quantify the national funding increase or specify milestones for closing identified financing gaps. These can be established through the finance plan using agreed baselines, costed priorities and realistic mobilisation objectives. Implementation arrangements can also clarify environmental and social safeguards, support for collective and community-based action, climate–biodiversity financing synergies, and measures to improve the effectiveness and accessibility of funding. These elements are not all explicit in the target title; but this does not imply their exclusion. Monitoring will distinguish resources pledged from those received and spent, and assess their contribution to biodiversity outcomes.
No formal non-State actor commitments are recorded towards this national target. Opportunities for voluntary contributions and partnerships can be further developed during implementation.
Additional financing, technical assistance and institutional capacity are needed to assess expenditure and financing needs, prepare the costed plan and develop feasible financing measures. Priorities include reliable financial information, clear responsibilities, budget tracking methods and coordinated reporting systems. Support is also needed for project preparation, funding applications, assessment and piloting of finance instruments, and environmental and social safeguards. Practical training and accessible assistance will strengthen participation by community organisations and other implementing partners. Implementation will account for fiscal and market constraints, administrative costs, disaster-related pressures and the need to sustain activities beyond individual funding cycles. Regular review will help adjust financing measures and improve resource allocation.