The Conference of the Parties,
Recalling that Parties agreed to consider all possible sources and means that can help to meet the level of resources needed, in accordance with Article 20 of the Convention and consistent with decisions X/3 and XI/4,
Recalling paragraph 2 of decision X/3 and taking note of the wide variety of ongoing initiatives and activities which support Parties in mainstreaming biodiversity into national planning and developing national resource mobilization strategies,
Having reviewed the progress towards the achievement of Aichi Biodiversity Target 20 with the aim of adopting final targets for resource mobilization, as per paragraph 22 of decision XI/4, Recalling paragraph 3 (b) of decision X/2, and paragraph 13 of the Strategic Plan for Biodiversity 2011- 2020,
Welcoming the financial and in kind contributions of, in particular, the Governments of Brazil, Denmark, Ecuador, Germany, Japan, India, Norway, the Republic of Korea, Sweden, Switzerland, Uganda and the United Kingdom of Great Britain and Northern Ireland as well as the European Union, to initiatives, including the Quito dialogue seminar and other events, intended to contribute to the preparation of the review of the implementation of the strategy for resource mobilization,
Recognizing that resource mobilization for implementing the Strategic Plan for Biodiversity 2011-2020 and the Aichi Biodiversity Targets has an important role to play in the Financing For Development process, and the post-2015 United Nations Sustainable Development Agenda; Recalling the preliminary targets on resource mobilization agreed by the Conference of the Parties at its eleventh meeting in Hyderabad, India, in decision XI/4, paragraphs 7(a) to 7(d));
Recognizing also the critical importance of domestic resource mobilization for implementing the Strategic Plan for Biodiversity 2011-2020, and acknowledging that, in many developing countries, domestic resources already cover the largest share of biodiversity-related resource mobilization;
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Annex III
VOLUNTARY GUIDELINES ON SAFEGUARDS IN BIODIVERSITY FINANCING MECHANISMS
1. Both opportunities and risks need to be taken into account in selecting, designing and implementing mechanisms for financing biodiversity. The potential impacts of biodiversity financing mechanisms on different elements of biodiversity, as well as their potential effects on indigenous and local communities’ rights and livelihoods, need to be effectively addressed, in accordance with national legislation. Particular attention needs to be given to the impacts on, and contribution of, indigenous and local communities as well as women, and to their effective participation in the selection, design, and implementation of biodiversity financing mechanisms.
2. Safeguards in biodiversity financing mechanisms can help to promote the positive effects and avoid or mitigate unintended negative effects on biodiversity and livelihoods.
3. These guidelines are voluntary. Parties and stakeholders, when establishing safeguards in selecting, designing and implementing mechanisms for financing biodiversity, with a view to effectively avoiding or mitigating unintended impacts of biodiversity financing mechanisms and to maximizing their opportunities, may wish to take into account the following:
(a) The role of biodiversity and ecosystem functions for local livelihoods and resilience, as well as biodiversity’s intrinsic values, should be recognized in the selection, design and implementation of biodiversity financing mechanisms;
(b) Rights and responsibilities of actors and/or stakeholders in biodiversity financing mechanisms should be carefully defined, at national level, in a fair and equitable manner, with the effective participation of all actors concerned, including the prior informed consent or approval and involvement of indigenous and local communities, taking into account, the Convention on Biological Diversity and its relevant decisions, guidance and principles and, as appropriate, the United Nations Declaration of the Rights of Indigenous Peoples; 18
(c) Safeguards in biodiversity financing mechanisms should be grounded in local circumstances, be developed consistent with relevant country-driven/specific processes as well as national legislation and priorities, and take into account relevant international agreements, declarations and guidance, developed under the Convention on Biological Diversity and as appropriate, the United Nations Framework Convention on Climate Change, international human rights treaties and the United Nations Declaration of the Rights of Indigenous Peoples, among others;
(d) Appropriate and effective institutional frameworks are of utmost importance for safeguards to be operational and should be put in place, including enforcement and evaluation mechanisms that will ensure transparency and accountability, as well as compliance with relevant safeguards.
