CHM - ORTNational Target
General
Kenya
Target 19 :Increase amount of resources mobilized for biodiversity in Kenya
ENbyBy 2025, develop a resource mobilization strategy for sustainable finance mechanisms for the conservation of biodiversity, and by 2030, increase resources mobilized by at least 35% per year from all sources, including domestic, international, public, and private resources, in an effective, timely, and easily accessible manner, in accordance with Article 20 of the CBD. Additionally, by 2030, recognize voluntary and in-kind contributions by indigenous and local communities and develop and apply accounting frameworks to capture the full scale of domestic contributions to biodiversity conservation.
- Development of Resource Mobilization Strategy
2.Strengthening of partnerships with Development partners in biodiversity space to increase funding
3. Explore innovative financing mechanisms eg PES towards biodiversity conservation
4. Bid for allocation of more resources from the Government towards biodiversity conservation
5. Work with developed nations to secure increased Official Development Assistance (ODA) to increase funding dedicated to biodiversity
6. Establish partnerships with private institutions willing to invest in sustainable development that benefit biodiversity
7. Development of policies and legislative framework recognizing voluntary and in-kind contributions by IPLCs.
8. Development of an accounting framework for voluntary and in-kind contributions
Alignment
GBF-G-C. Benefits from the use of genetic resources are shared and substantially increased
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-T14. The multiple values of biodiversity are integrated into decision-making at all levels GBF-T14. The multiple values of biodiversity are integrated into decision-making at all levelsEnsure the full integration of biodiversity and its multiple values into policies, regulations, planning and development processes, poverty eradication strategies, strategic environmental assessments, environmental impact assessments and, as appropriate, national accounting, within and across all levels of government and across all sectors, in particular those with significant impacts on biodiversity, progressively aligning all relevant public and private activities, fiscal and financial flows with the goals and targets of this framework. | High |
GBF-T15. Businesses assess and disclose biodiversity dependencies, impacts and risks, and reduce negative impacts GBF-T15. Businesses assess and disclose biodiversity dependencies, impacts and risks, and reduce negative impactsTake legal, administrative or policy measures to encourage and enable business, and in particular to ensure that large and transnational companies and financial institutions:
(a) Regularly monitor, assess, and transparently disclose their risks, dependencies and impacts on biodiversity, including with requirements for all large as well as transnational companies and financial institutions along their operations, supply and value chains and portfolios;
(b) Provide information needed to consumers to promote sustainable consumption patterns;
(c) Report on compliance with access and benefit-sharing regulations and measures, as applicable;
in order to progressively reduce negative impacts on biodiversity, increase positive impacts, reduce biodiversity-related risks to business and financial institutions, and promote actions to ensure sustainable patterns of production. | High |
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 |
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.
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[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 |
GBF-T03. 30% of areas are effectively conserved GBF-T03. 30% of areas are effectively conservedEnsure and enable that by 2030 at least 30 per cent of terrestrial, inland water, and of coastal and marine areas, especially areas of particular importance for biodiversity and ecosystem functions and services, are effectively conserved and managed through ecologically representative, well-connected and equitably governed systems of protected areas and other effective area-based conservation measures, recognizing indigenous and traditional territories where applicable, and integrated into wider landscapes, seascapes and the ocean, while ensuring that any sustainable use, where appropriate in such areas, is fully consistent with conservation outcomes, recognizing and respecting the rights of indigenous peoples and local communities, including over their traditional territories. | Medium |
GBF-T20. Capacity-building and development, technology transfer, and technical and scientific cooperation for implementation is strengthened GBF-T20. Capacity-building and development, technology transfer, and technical and scientific cooperation for implementation is strengthenedStrengthen capacity-building and development, access to and transfer of technology, and promote development of and access to innovation and technical and scientific cooperation, including through South-South, North-South and triangular cooperation, to meet the needs for effective implementation, particularly in developing countries, fostering joint technology development and joint scientific research programmes for the conservation and sustainable use of biodiversity and strengthening scientific research and monitoring capacities, commensurate with the ambition of the goals and targets of the framework. | Medium |
Access to financial resources
Collective effort towards the targets
Cooperation and synergies
Whole-of-government and whole-of-society approach
Ecosystem approach
Biodiversity and health
National circumstances, priorities and capabilities
Fulfilment of the three objectives of the Convention and its Protocols, and their balanced implementation
Consistency with international agreements or instruments
Contribution and rights of indigenous peoples and local communities
Different value systems
Formal and informal education
Gender
Human rights-based approach
Intergenerational equity
Principles of the Rio Declaration
Right to development
Science and innovation
All were crucial in establishing the targets
Enhancing government budget allocations, leveraging international funding, encouraging private sector investment, and promoting innovative financing mechanisms ensure the mobilization of financial resources.
Engaging the broader public and stakeholders.
Upholding sustainable development principles.
Promoting innovative financing mechanisms.
Integrating biodiversity conservation into policy frameworks.
Establishing monitoring systems and regularly reporting on financial flows and contributions ensure transparency and accountability.
Domestic, international, public and private resources,
Resource mobilization: Sustainable financing mechanisms: Access to financial resources: Ensuring a steady flow of funds from diverse sources, Easily accessible
Encouraging collaboration among different sectors and stakeholders.
Recognizing and valuing the contributions of IPLCs.
IPLCs' contributions are acknowledged
Providing training and technical support to IPLCs for participation in conservation finance mechanisms and facilitating knowledge exchange.
Indicators to be used to monitor this national target
15.1 Number of companies disclosing their biodiversity-related risks, dependencies and impacts
18.1 Positive incentives in place to promote biodiversity conservation and sustainable use
18.2 Value of subsidies and other incentives harmful to biodiversity
3.1 Coverage of protected areas and other effective area-based conservation measures
C.1 Monetary benefits received in accordance with applicable internationally agreed access and benefit-sharing instruments
C.2 Non-monetary benefits arising from applicable international access and benefit-sharing instruments
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
14.b Number of countries integrating biodiversity and its multiple values into policies, regulations, planning, development processes, poverty eradication strategies and, as appropriate, national accounts, within and across all levels and across all sectors, and progressively aligning all relevant public and private activities and fiscal and financial flows with the goals and targets of the Framework
15.b Number of countries with legal, administrative or policy measures aimed at encouraging and enabling business and financial institutions, and in particular for large and transnational companies and financial institutions, to progressively reduce their negative impacts on biodiversity, increase their positive impacts, reduce their biodiversity-related risks and promote actions to ensure sustainable patterns of production
13.b Number of countries that have taken effective legal, policy, administrative and capacity-building measures at all levels, as appropriate, to ensure the fair and equitable sharing of benefits from the utilization of genetic resources and from digital sequence information on genetic resources, as well as traditional knowledge associated with genetic resources
Number of countries with Implementation of the System of Environmental-Economic Accounting
D.CY.3 Proportion of total research budget allocated to research in the field of marine technology
Amount of funding provided through the Global Environment Facility and allocated to the biodiversity focal area
Foreign direct investment, official development assistance and South-South cooperation
Dollar value of financial and technical assistance (including through North-South, South-South and triangular cooperation) committed to developing countries
Dollar value of all resources made available to strengthen statistical capacity in developing countries
Amount of biodiversity-related philanthropic funding
Number of countries (and number of instruments) with payments for ecosystem services (PES) programmes
Resource mobilization strategy developed
ENPercentage of ODA allocated to biodiversity
ENNumber of policies and legal frameworks recognizing the rights and contributions of communities in conservation
ENAccounting framework capturing the full scale of in kind and voluntary contribution developed
ENEstimated value of community wildlife conservancies
ENNumber of community groups undertaking biodiversity conservation
ENValue of in-kind community contribution to biodiversity related work (volunteers and hours spent)
ENNon-State actor commitments
Sustainable financing mechanisms