E4S Policy Brief for COP16: Policy Instruments to Close the Biodiversity Finance Gap

Summary

The activities of nature conservation and restoration necessary to achieve the new goals set by the Kunming-Montreal Global Biodiversity Framework (GBF) will require at least US$500 additional billion a year. To close this biodiversity finance gap, annual contributions from the private sector need to increase at least threefold by 2030, and sevenfold by 2050. As delegations at COP16 discuss this topic, this policy brief puts the current infrastructure for biodiversity financing into context and outlines possible policy interventions to increase private-sector financing towards nature conservation and restoration. Among others, it details how to regulate private-sector contributions into multilateral environmental funds.