CHM - ORTBy 2030, develop legal, administrative and policy measures including a review of Access and Benefit-Sharing (ABS) regulations and mechanisms, environmental, social and biodiversity safeguards, and others implemented to encourage and enable all businesses, 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; to progressively reduce negative impacts on
biodiversity, increase positive impacts, reduce biodiversity-related risks to businesses and financial institutions, and promote actions to ensure sustainable patterns of production.
Develop and enforce legal measures to ensure businesses, especially large and transnational companies and financial institutions, monitor, assess, and disclose their biodiversity impacts.
Review and update Access and Benefit-Sharing (ABS) regulations to ensure fair and equitable sharing of benefits arising from the use of genetic resources.
Require transparent disclosure of biodiversity-related risks and impacts in corporate reporting.
Promote the use of eco-labeling and certification schemes to help consumers make informed choices.
Ensure that companies report on their compliance with ABS regulations and measures.
Promote the integration of biodiversity considerations into business strategies and operations
Support businesses in adopting sustainable production methods that ensure long-term biodiversity conservation.
Facilitate training and awareness programs to enhance understanding of biodiversity-related risks and opportunities among businesses and financial institutions.
Promote the use of green financing and investment in biodiversity-friendly projects
Foster collaboration between government, businesses, financial institutions, and other stakeholders to promote biodiversity-friendly practices.
Engage the public through awareness campaigns and educational initiatives to promote the importance of biodiversity in business practices
| Global Targets | Degree of Alignment |
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-T07. Pollution reduced, halving nutrient loss and pesticide risk GBF-T07. Pollution reduced, halving nutrient loss and pesticide riskReduce pollution risks and the negative impact of pollution from all sources, by 2030, to levels that are not harmful to biodiversity and ecosystem functions and services, considering cumulative effects, including: reducing excess nutrients lost to the environment by at least half including through more efficient nutrient cycling and use; reducing the overall risk from pesticides and highly hazardous chemicals by at least half including through integrated pest management, based on science, taking into account food security and livelihoods; and also preventing, reducing, and working towards eliminating plastic pollution. | High |
GBF-T08. Minimize impacts of climate change and ocean acidification including through nature-based solutions and/or ecosystem-based approaches GBF-T08. Minimize impacts of climate change and ocean acidification including through nature-based solutions and/or ecosystem-based approachesMinimize the impact of climate change and ocean acidification on biodiversity and increase its resilience through mitigation, adaptation, and disaster risk reduction actions, including through nature-based solution and/or ecosystem-based approaches, while minimizing negative and fostering positive impacts of climate action on biodiversity. | High |
GBF-T11. Nature’s contributions to people are restored, maintained and enhanced GBF-T11. Nature’s contributions to people are restored, maintained and enhancedRestore, maintain and enhance nature’s contributions to people, including ecosystem functions and services, such as regulation of air, water, and climate, soil health, pollination and reduction of disease risk, as well as protection from natural hazards and disasters, through nature-based solutions and/or ecosystem-based approaches for the benefit of all people and nature. | High |
GBF-T13. Fair and equitable sharing of benefits from genetic resources, digital sequence information and associated traditional knowledge GBF-T13. Fair and equitable sharing of benefits from genetic resources, digital sequence information and associated traditional knowledgeTake effective legal, policy, administrative and capacity-building measures at all levels, as appropriate, to ensure the fair and equitable sharing of benefits that arise from the utilization of genetic resources and from digital sequence information on genetic resources, as well as traditional knowledge associated with genetic resources, and facilitating appropriate access to genetic resources, and by 2030 facilitating a significant increase of the benefits shared, in accordance with applicable international access and benefit-sharing instruments. | 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 |
Create financial incentives and mechanisms such as green bonds, biodiversity offsets, and sustainable financing schemes to encourage investment in biodiversity.
Foster collaboration among government agencies, private sector, civil society, and local communities to ensure a unified approach to integrating biodiversity values across all sectors
Promote intersectoral cooperation and create synergies between biodiversity conservation and other sectors such as agriculture, forestry, fisheries, and tourism
Ensure that national policies address the three objectives of the CBD: conservation of biodiversity, sustainable use of its components, and fair and equitable sharing of the benefits arising from genetic resources.
Apply the principles of the Rio Declaration, such as the precautionary principle, polluter pays principle, and public participation, in biodiversity policies and planning processes.
Promote development pathways that are environmentally sustainable and socially inclusive.
Regularly monitor, assess, and transparently disclose their risks, dependencies, and impacts on biodiversity, including along their operations, supply, and value chains, and portfolios;
Provide information needed to consumers to promote sustainable consumption patterns;
Report on compliance with ABS regulations and measures, as applicable;
Legal, administrative or policy measures –
Levels that are not harmful to biodiversity and ecosystem functions and services –
Reduce pollution risks and negative impact of pollution –
This requires action to reduce greenhouse gas emissions, which may include nature-based solutions and ecosystem-based approaches
emphasis on the regulation of air, water and climate, soil health, pollination and reduction of disease risk, as well as protection from natural hazards and disasters.
Take the necessary steps to comply with their international treaty obligations at the national level and to have a fully functional ABS system.
International financial resources –
Private sector finance
innovative finance schemes, such as payment for ecosystem services, green bonds, biodiversity offsets and credits, and benefit-sharing mechanisms,
Implement a whole-of-government approach by ensuring coordination and coherence across all government departments and agencies