CHM - ORTNational Target
General
United Republic of Tanzania
By 2030, at least USD 20 million per year mobilized from public and private sector for effective implementation of the National Biodiversity Strategic and Action Plan (NBSAP 2025-2030).
ENthe aim of this target is to mobilize USD 20 million per year from public and private sector for effective implementation of National Biodiversity Strategic and Action Plan （NBSAP 2025-2030）
Develop and implement a resource mobilization strategy/plan to increase biodiversity funding |
Mainstream biodiversity indicators in annual planning and budgeting at national and sub-national levels |
Develop market-based financing options for biodiversity (green bonds. Blue/Nature bonds/carbon credits, PES and Polluter Pays Principle) |
|
|
|
|
|
|
Alignment
GBF-G-B. Biodiversity is sustainably used and its contributions to people are maintained, enhanced or restored
GBF-G-D. The biodiversity funding gap of 700 billion USD is progressively closed by ensuring adequate means of implementation are available.
| Global Targets | Degree of Alignment |
GBF-T19. Financial resources increased to $200 billion per year, including $ 30 billion through international finance GBF-T19. Financial resources increased to $200 billion per year, including $ 30 billion through international financeSubstantially and progressively increase the level of financial resources from all sources, in an effective, timely and easily accessible manner, including domestic, international, public and private resources, in accordance with Article 20 of the Convention, to implement national biodiversity strategies and action plans, by 2030 mobilizing at least 200 billion United States dollars per year, including by:
(a) Increasing total biodiversity related international financial resources from developed countries, including official development assistance, and from countries that voluntarily assume obligations of developed country Parties, to developing countries, in particular the least developed countries and small island developing States, as well as countries with economies in transition, to at least US$ 20 billion per year by 2025, and to at least US$ 30 billion per year by 2030;
(b) Significantly increasing domestic resource mobilization, facilitated by the preparation and implementation of national biodiversity finance plans or similar instruments according to national needs, priorities and circumstances;
(c) 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;
(d) Stimulating innovative schemes such as payment for ecosystem services, green bonds, biodiversity offsets and credits, benefit-sharing mechanisms, with environmental and social safeguards;
(e) Optimizing co-benefits and synergies of finance targeting the biodiversity and climate crises;
(f) Enhancing the role of collective actions, including by indigenous peoples and local communities, Mother Earth centric actions[1] and non-market-based approaches including community based natural resource management and civil society cooperation and solidarity aimed at the conservation of biodiversity;
(g) Enhancing the effectiveness, efficiency and transparency of resource provision and use.
***
[1] Mother Earth-centric actions: Ecocentric and rights-based approach enabling the implementation of actions towards harmonic and complementary relationships between peoples and nature, promoting the continuity of all living beings and their communities and ensuring the non-commodification of environmental functions of Mother Earth. | High |
Access to financial resources
Collective effort towards the targets
Consistency with international agreements or instruments
Fulfilment of the three objectives of the Convention and its Protocols, and their balanced implementation
National circumstances, priorities and capabilities
Whole-of-government and whole-of-society approach
Resource mobilization strategy
Indicators to be used to monitor this national target
B.1 Services provided by ecosystems
D.1 International public funding, including official development assistance for conservation and sustainable use of biodiversity and ecosystems
D.2 Domestic public funding on conservation and sustainable use of biodiversity and ecosystems
D.3 Private funding (domestic and international) on conservation and sustainable use of biodiversity and ecosystems
B.b Number of countries with policies or actions for implementing and monitoring the sustainable use of biodiversity and the maintenance and enhancement of nature’s contributions to people, including ecosystem functions and services
Means to implementation and barriers to implementation
No (Means of implementation available)