This report by the OECD considers the opportunities for scaling-up finance for biodiversity from six so-called “innovative financial mechanisms”, as classified under the Convention on Biological Diversity. These are environmental fiscal reform, payments for ecosystem services, biodiversity offsets, markets for green products, biodiversity in climate change funding and biodiversity in international development finance. Drawing on literature and more than 40 case studies worldwide, the report discusses the pros and cons and key design and implementation considerations of each mechanism. The report is available to download on the OECD website.
June 19, 2018