Filmed on location at the Global Biodiversity Finance Conference in Santiago, Chile, UNDP's top leadership in biodiversity finance discusses global trends affecting nature conservation. Onno van den Heuvel, UNDP Global Nature Finance lead; Martin Cadena, BIOFIN Programme Manager; and Mariana Bellot, Global Programme Manager at the GBFP, reflect on the future of biodiversity finance in an era of global uncertainty. In this conversation, the speakers share insights on the declining levels of global Official Development Assistance (ODA), the urgent need to mobilize diverse sources of finance for nature, and the progress countries are making in developing and implementing National Biodiversity Finance Plans (NBFPs).
At the UN Biodiversity Conference (COP16) in Colombia, countries adopted the long-awaited Resource Mobilization Strategy of the Convention on Biological Diversity. As Onno stressed, this milestone signals that finance must come from all sources—public and private, domestic and international, traditional and innovative.