Thematic Paper 6: Delivering Financing for Joint Biodiversity and Climate Solutions
05/2022
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Study
Collaboration between the UNFCCC and the CBD through their financial mechanisms is crucial for avoiding biodiversity loss and achieving positive outcomes for both agendas. Strengthening cooperation and financing for synergistic approaches is essential for integrated governance at all levels. Identifying synergies in national climate and biodiversity goals and integrating them into budgetary processes ensures consistency of the goals, harmonises donor funding, and encourages private sector involvement.