Target 19 - By 2030, Progressively increase level of financial resources from all sources, including domestic, international, public and private resources, in accordance with Article 20 of the Convention, for the implementation NBSAP by atleast at USD 1 million per year by: (a)Significantly increasing domestic resource mobilization, facilitated by the preparation and implementation of national biodiversity finance plan according to national needs, priorities and circumstances; (b) Leveraging private finance, promoting blended finance, implementing strategies for raising new and additional resources, and encouraging the private sector to invest in biodiversity, including through impact funds and other instruments; (c) Stimulating innovative schemes such as payment for ecosystem services, green bonds, biodiversity offsets and credits, and benefit-sharing mechanisms, with environmental and social safeguards; (d) Optimizing co-benefits and synergies of finance targeting the biodiversity and climate crises; (e) Enhancing the role of collective actions, including by local communities, and non-market-based approaches including community based natural resource management and civil society cooperation and solidarity aimed at the conservation of biodiversity; (f) Enhancing the effectiveness, efficiency and transparency of resource provision and use;
Target 19 - By 2030, Progressively increase level of financial resources from all sources, including domestic, international, public and private resources, in accordance with Article 20 of the Convention, for the implementation NBSAP by atleast at USD 1 million per year by: (a)Significantly increasing domestic resource mobilization, facilitated by the preparation and implementation of national biodiversity finance plan according to national needs, priorities and circumstances; (b) Leveraging private finance, promoting blended finance, implementing strategies for raising new and additional resources, and encouraging the private sector to invest in biodiversity, including through impact funds and other instruments; (c) Stimulating innovative schemes such as payment for ecosystem services, green bonds, biodiversity offsets and credits, and benefit-sharing mechanisms, with environmental and social safeguards; (d) Optimizing co-benefits and synergies of finance targeting the biodiversity and climate crises; (e) Enhancing the role of collective actions, including by local communities, and non-market-based approaches including community based natural resource management and civil society cooperation and solidarity aimed at the conservation of biodiversity; (f) Enhancing the effectiveness, efficiency and transparency of resource provision and use;
GBF-TARGET-19|GBF-GOAL-D
National Target| Botswana|14 Oct 2024 08:13