Engaging Private Finance in the NBSAP Review and Implementation. Sign-posts for Policymakers

Detalles

The Kunming-Montreal Global Biodiversity Framework (GBF) calls for a whole-of-society approach to halting and reversing nature loss. UNEP FI and UNDP BIOFIN, with the support of the Global Environment Facility, published a briefing note on how the revision of ENBPAs can successfully engage public and private finance simultaneously. This will help prepare financial institutions to play their role in contributing to the objectives and goals of NBSAPs in their respective countries. While the relevance of each country's circumstances, starting point and key relevant sectors will vary, this report suggests some general approaches and points to existing tools and guidance for engaging the financial sector.

This briefing paper will help policymakers identify private financial sector actors involved in nature and how they can support the implementation of the Kunming-Montreal Global Biodiversity Framework. It also explores improving portfolio alignment with nature's goals by moving financial flows away from nature-negative activities. Policymakers will also discover ways to unlock more private finance at the national level, while also exploring the options available to regulate the financial sector in relation to biodiversity. Finally, the future potential of public-private collaboration in biodiversity financing will be discussed.