Other

Other

Published on
2023 Jun 12

Objective 15.4 - By 2020, support, as appropriate, developing countries to enhance institutional, national, administrative and managerial capacities, in order to increase the effectiveness and sustainability of international and national financial flows


This objective was already included in the CBD Resource Mobilisation Strategy COP9/11 (§6) and repeated in paragraph 14 of decision COP-11/4 in order to create the enabling environment to mobilize private and public-sector investments in biological diversity and its associated ecosystem services.

This objective is essential in terms of reaching the objectives to implement the CBD as not only the amount of funding but also its management and the absorption capacity of the recipient countries are key. In particular Operational Objectives 11.3 and 11.6 directly support Operational Objective 15.4.

In its bilateral and multilateral interactions with partner countries, Belgium will provide support, inter alia:

-    to strengthen institutional capacities for effective resource mobilization and utilization, including strengthening the capacities of the relevant ministries and agencies to make a case for including biodiversity and its associated ecosystem services in discussions with donors and relevant financial institutions;

-    to strengthen the capacity for the integration of biodiversity issues and associated ecosystem services into national and sectoral planning, and promote budgetary allocations for biological diversity and its associated ecosystem services in national and relevant sectoral budgets.

-   to strive to increase official development assistance associated with biological diversity, where biodiversity is identified as a priority by developing country Parties in poverty reduction strategies, national development strategies, United Nations development assistance frameworks and other development assistance strategies and in accordance with priorities identified in national biodiversity strategies and action plans.