The issue of innovative finance mechanisms (IFMs) for biodiversity became one of the most difficult points for negotiations at the COP10 meeting of the Convention on Biological Diversity in Nagoya, Japan in 2010. In the end, the issue was dropped and agreement could be reached on the other issues. At COP 10 it was however recognized that this controversial issue would need to be dealt with further during the two years leading up to COP 11 in Hyderabad, India in October 2012.
As one attempt to facilitate the formal negotiations towards and during COP11, Swedbio took initiative to organize a dialogue seminar on "Scaling up biodiveristy finance", where the issue of Innovative Financial Mechanisims could be
As one attempt to facilitate the formal negotiations towards and during COP11, Swedbio took initiative to organize a dialogue seminar on "Scaling up biodiveristy finance", where the issue of Innovative Financial Mechanisims could be
discussed in a broader context of scaled up biodiveristy financing. The purpose was to clarify various positions and enable a deeper understanding of the reasons behind these, as well as to clarify and remove ambiguity and contradictory use of key terms and concepts.
With the support of five governments (Ecuador, India, Japan, Norway and Sweden) and the CBD secretariat, the seminar was held in Quito, Ecuador 6-9 March 2012, with approximately 80 participants ranging from government negotiators to representatives of civil society organizations and social movements, academics, indigenous peoples, business and UN officials.
With the support of five governments (Ecuador, India, Japan, Norway and Sweden) and the CBD secretariat, the seminar was held in Quito, Ecuador 6-9 March 2012, with approximately 80 participants ranging from government negotiators to representatives of civil society organizations and social movements, academics, indigenous peoples, business and UN officials.
Photo: Niclas Hällström