The conservation and sustainable use of biodiversity requires finance and investment from the public and private sectors. Clear objectives, securing long-term funds, with prioritised criteria, and consistent performance evaluation are all features that help to deliver more effective outcomes.
The OECD’s work considers how financial flows can be scaled-up, whilst enhancing the cost-effectiveness of existing biodiversity financing. Distributional implications of biodiversity policies are also examined.
A recent OECD report Biodiversity: Finance and the Economic and Business Case for Action (2019), prepared for the G7 Environment Ministers’ Meeting on 5-6 May 2019 in Metz, France, includes a preliminary update on global biodiversity finance. Further work is now underway to provide a comprehensive estimate of global biodiversity finance.