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CBD Finance Meeting Addresses Climate Change Funding and Biodiversity

February 2010: The Convention on Biological Diversity (CBD) Secretariat has circulated its Monthly Bulletin of Activities for January 2010, including a report on a workshop on innovative financial mechanisms, which addressed, among other items, climate change funding and biodiversity.

The International Workshop on Innovative Financial Mechanisms convened from 27-29 January 2010, in Bonn, Germany, and was organized by the CBD in collaboration with The Economics of Ecosystems and Biodiversity (TEEB) Secretariat located at the UN Environment Programme (UNEP). Workshop participants assessed the status of knowledge and related use concerning innovative financial mechanisms at all levels, and developed policy options concerning payment for ecosystem services, biodiversity offsets, environmental fiscal reforms, market for green products, business-biodiversity partnerships and charity, new and innovative sources of international development finance, climate change funding and biodiversity, as well as new emerging issues. The Global Mechanism of the UN Convention to Combat Desertification (UNCCD) participated in the workshop, chairing a discussion on environmental fiscal reform. [The Monthly Bulletin of Activities, January 2010] [Meeting Website][The CBD Online Network on Finance] [Global Mechanism News]