Online Reporting Tool

National Target

General

Government

Cambodia

Enter national target title

Reduce Harmful Incentives and Scale Up Positive Incentives for Biodiversity

Description

By 2030, the elimination, phasing out, or reform of incentives, including subsidies, that are harmful to biodiversity and the scaling up of positive incentives for the conservation and sustainable use of biodiversity.

Please outline the main policy measures or actions that will be taken to achieve this national target.

Policy: NBSAP 2026-2030, Circular Strategy on Environment (2023-2028)

Actions: Cambodia will reform incentives harmful to biodiversity and scale up positive incentives through implementation of the NBSAP 2026–2030, supported by the ENR Code (2023) and the Circular Strategy on Environment (2023–2028). A Biodiversity Finance Plan will quantify harmful subsidies and introduce phased reform pathways. Budget tagging and fiscal policy adjustments will redirect resources toward biodiversity-positive measures, including PES, REDD+, certified production and community conservation grants. Safeguards will protect vulnerable households while aligning public finance and private investment with biodiversity objectives.

Alignment

Contribution to global Goals

GBF-G-B. Biodiversity is sustainably used and its contributions to people are maintained, enhanced or restored

Alignment with global targets

Global Targets

Degree of Alignment

GBF-T18. Reduce harmful incentives by at least $500 billion per year

High

Which of the “considerations for implementation” in Section C of the GBF have been taken into account in developing this national target, and the actions to implement it

Access to financial resources

Principles of the Rio Declaration

Human rights-based approach

Whole-of-government and whole-of-society approach

Right to development

Please explain how these considerations have been taken into account

The target is structured around economic reform, pairing the reduction of harmful incentives with the expansion of positive incentives that support conservation and sustainable use. Actions explicitly include social safeguards so reforms are targeted, fair, and do not create inequitable burdens. The inclusion of green finance and private sector engagement reinforces that delivery depends on coordinated fiscal, sector, and market shifts.

Explanation, including which aspects of the goal or target are covered

Aligned on eliminating/reforming harmful incentives and scaling positive incentives, but GBF is more specific on magnitude/timing (for example the large quantified reduction).

Indicators to be used to monitor this national target

Headline indicators

18.1 Positive incentives in place to promote biodiversity conservation and sustainable use

18.2 Value of subsidies and other incentives harmful to biodiversity

B.1 Services provided by ecosystems

Binary indicators

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

Other national indicators

18.1. Number of new or revised incentive schemes promoting biodiversity-friendly practices

18.2. Number of sectoral incentive or policy frameworks reviewed to identify and address potential negative impacts on biodiversity

Means to implementation and barriers to implementation

Please indicate if additional means of implementation are needed for the attainment of this national target.

Other

Please explain (Additional means of implementation are needed for the attainment of this national target)

to be analyzed if we need to have additional means of implementation