CHM - ORTOn one hand, the aim is to identify incentives and subsidies harmful for biodiversity and its ecosystem services so that they can be substantially redirected towards biodiversity-sensitive projects and investments. On the other hand, it will be necessary to identify and promote positive incentives to encourage practices that benefit biodiversity and ecosystem services.
| Global Targets | Degree of Alignment |
GBF-T18. Reduce harmful incentives by at least $500 billion per year GBF-T18. Reduce harmful incentives by at least $500 billion per yearIdentify by 2025, and eliminate, phase out or reform incentives, including subsidies, harmful for biodiversity, in a proportionate, just, fair, effective and equitable way, while substantially and progressively reducing them by at least 500 billion United States dollars per year by 2030, starting with the most harmful incentives, and scale up positive incentives for the conservation and sustainable use of biodiversity. | High |
Multi-stakeholder sub-national workshops involving sectoral administrations, representatives of decentralized local authorities, representatives of universities, research institutes and researchers, traditional authorities, civil society organizations, in particular women's organizations, representatives of indigenous peoples and the private sector, have made it possible to gather contributions from local stakeholders in order to integrate local realities and national circumstances into the NBSAP II revision process.
The actions and activities are currently being developed, and therefore cannot be yet budgeted.