Looking Ahead: From Cali to Yerevan
Following COP16 in Cali, Colombia, attention is turning to COP17 in Yerevan, Armenia, where governments, financial institutions and other stakeholders will review progress towards the Global Biodiversity Framework and identify opportunities to accelerate action. The IDFB continues to support efforts to mobilise finance for biodiversity and strengthen collaboration across the public and private sectors.
As preparations begin for COP17, the IDFB is collaborating with the Dutch government and partners to develop a strong nature finance programme within the Netherlands Pavilion. We are seeking to connect with organisations interested in contributing sessions, partnerships and ideas that can help advance finance for biodiversity and support implementation of the Global Biodiversity Framework.
You can reach out to us for more information and to discuss possibilities for collaboration and supporting efforts surrounding finance for biodiversity. We look forward to engaging with you and accelerating action and cooperation on achieving the Goals and Targets of the Global Biodiversity Framework.
The IDFB & it's Mission
The global funding gap for biodiversity is estimated at $598-$824 billion annually. To address this, the financial sector must play a key role in achieving the Kunming-Montreal Global Biodiversity Framework (GBF). Countries like the Netherlands have demonstrated how to integrate biodiversity into financial flows and leverage public funding to attract private finance.
The Dutch Government, in collaboration with the government of the UK and the CBD Secretariat, established the Interface Dialogue Finance and Biodiversity (IDFB) to showcase best practices in greening the financial sector. The IDFB aims to facilitate dialogue between resource mobilisation experts and the private sector, helping countries align financial flows with – and ultimately implement – the Goals and Targets of the GBF.
The role of the IDFB
Aligning governments and financial institutions to foster momentum through the exchange of learnings and information on this topic.
Sharing of knowledge and experiences on policy development, tools, and data collection.
Collaborating on initiatives to strengthen the transition of the financial sector.
Helping countries access tools, best practices, and information for mobilising finance in line with the GBF.
Representing the topic of finance mobilisation in relevant forums.
"The goal of the IDFB is
to showcase best practices in
greening the financial sector. "
The IDFB mobilises Parties to the CBD and financial institutions to drive integration of biodiversity into financial decision-making. It supported countries on the alignment of financial flows with the Kunming-Montreal GBF ahead of COP15 and facilitated discussions on GBF implementation in preparation for COP16. The IDFB is open to governments and financial sector actors and held in an informal online or hybrid format.
Acting as a key platform for discussions and collaboration on global biodiversity financing efforts, it fosters collaboration, knowledge sharing, and innovation to develop and implement effective financing solutions for biodiversity. The IDFB’s activities include policy development, tool creation, and capacity building, contributing significantly to the Global Biodiversity Framework.
Dive into the world of Finance & Biodiversity
Explore the intersection of finance and biodiversity with these three insightful papers exploring how we can align all financial flows with the targets of the Global Biodiversity Framework, use blended finance as a mechanism for mobilising private finance, and additional guidance for developing National Biodiversity Finance Plans (NBFPs).
Finance for Nature Positive:
Building a Working Model
Funded by the Netherlands Enterprise Agency (RVO), and led by UNEP FI and the Finance for Biodiversity Foundation, this discussion paper intends to solicit feedback from the financial sector on a proposed Finance for Nature Positive working model, including definitions and associated practices. It aims to help operationalise the “Nature Positive” concept for the private financial sector.
Strategies to Scale-up Payments
for Ecosystem Services
Payments for Ecosystem Services (PES) are receiving more and more attention from governments, private financial actors and knowledge institutes. Referenced specifically in Target 19d of the GBF as a means to increase financial resources for biodiversity conservation, they are a promising tool for achieving resource mobilisation targets. This paper explores strategies for scaling up PES.
Exploration of the Use of Ecosystem Services within Dutch Water Challenges
This paper draws on Dutch case studies and practical experience applying ecosystem services approaches within water management to explore how these services can be better recognised and utilised in addressing Dutch water challenges. It offers practical insights and recommendations geared towards Dutch water authorities and policymakers for integrating ecosystem services more explicitly into planning, valuation, and financing decisions.
Blended Finance for Nature
Commissioned by the Dutch Ministry of Agriculture following COP15 in Montreal, this paper outlines a blended finance approach to mobilise more private finance for biodiversity. It examines the unique local contexts of biodiversity investments and how international development finance can support domestic blended finance transactions in developing countries, highlighting challenges, solutions, and potential blended finance vehicles.
Finding Common Ground
This document synthesises key insights and ideas from the 2022 IDFB sessions, existing biodiversity and finance publications, and inputs from IDFB participants and Knowledge Partners. It provides a common definition of the Alignment of All Financial Flows with the Global Biodiversity Framework and provides 10 recommendations for its implementation at the national and international levels.
Value of Nature: The Investment Case for Nature-based Solutions
This report examines how Ecosystem Service Valuation (ESV) can help scale finance for Nature-based Solutions (NbS), drawing on two in-depth case studies from the United Kingdom and Spain and interviews across the financial, policy, and implementation sectors. Building on these findings, it sets out a series of recommendations for structuring Public-Private Partnerships that translate nature’s dispersed value into investable, bankable propositions.
The IDFB Dialogue Sessions & CBD COP engagement
The 2024 Dialogue Sessions
The 2024 IDFB sessions took place in the run-up to COP16, providing a platform for discussion for resource mobilisation experts on key topics for the Global Biodiversity Framework. The IDFB also hosted and supported numerous biodiversity finance events at the COP itself – you can find information about these events and access the IDFB overview of the entire Nature Finance program of COP16 here. The 2024 sessions focused on essential themes for the COP, including challenges in continued mobilisation of private finance , exchanging best practices for engaging the private financial sector in developing National Biodiversity Finance Plans (NBFPs), sharing progress and actions for aligning all financial flows with nature goals, and exploring what countries need to meet the GBFs resource mobilisation targets (Targets 14, 15, 18 and 19).The 2022 Dialogue Sessions
From 2021 to 2022, the IDFB hosted its first 15 Dialogue Sessions. Theses sessions brought together experts, policymakers, and stakeholders from the financial sector to discuss challenges and share experiences on biodiversity finance. In the run-up to COP15 in Montreal, Canada, discussions focused on topics including mobilising private finance, approaches and key actors for aligning financial flows with the Global Biodiversity Framework, peer-to-peer learning, and management of nature-related risks. This series facilitated crucial knowledge exchanges and collaborations, driving forward the agenda for sustainable finance.
Contact us!
If you would like to find out more about the IDFB, become part of the network, attend and engage in IDFB sessions, or to collaborate on activities for COP17, please reach out to us! You can find our contact information on the IDFB Contact Page.
