Earmarking of taxes on financial transactions

Tax placed on a specific financial transaction, such as the purchase or sale of equity instruments, options and forward contracts, or foreign currency transactions. The revenues obtained maybe earmarked or guaranteed for biodiversity or related spending. For example, a share of the French financial transaction tax will be allocated to the capitalization of the Green Capital Fund. 

Result

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Sector

Finance

Finance

Protected Areas

Protected Areas

Countries:

Earmarking of taxes on currency transactions

Tax placed on a specific type of currency transaction. The most frequently discussed version is the Tobin tax which is intended to put a penalty on short-term financial speculation in the forex (foreign exchange) market. The revenues obtained may be earmarked or ring-fenced for biodiversity or related spending. 

Result

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Sector

Finance

Finance

Protected Areas

Protected Areas

Payment for Ecosystem Services-state intermediation and/or fee

Beneficiaries/users of an ecosystem service make a indirect payment to the provider of that service through an intermediary such as the state where the public authority disburses the compensation to the service provider for conservation for maintenance.  To fund the compensations, countries either rely on the general budget or introduce PES-like taxation systems with special-purpose taxes and fees, targeting the tourism, water, electricity, transport and extractives sectors (i.e. the beneficiaries of the ecosystem services). Mexico has a national level scheme that also encourages the establishment of private to private PES systems.

Result

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Subsidies for organic agriculture

Government subsidies that support actors in the organic agriculture industry to encourage expansion of organic production or other sustainable agricultural system. Subsidies can take many forms including tax relief, technical support, price support and can support individuals, companies and organizations. 

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Realign

Any measure that can re-orient and realign existing financial flows towards biodiversity conservation. 

Realign

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Grant

Any solution that invovles the allocation of a grant. This includes private donations and Official Development Assistance.

Grant

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Payment for Ecosystem Services-private to private

Beneficiaries/users of an ecosystem service make a direct payment to the provider of that service. The system can be voluntary using a private contract. Payments are mostly found in the water, forest, agriculture and energy sectors. For example, Nestle (formerly Vittel) pays farmers to refrain from using chemicals in north-eastern France and the City of New York pays farmers and other land owners to protect watersheds in the Catskill mountains, thus saving billions of dollars by aoviding the construction of major water treatment systems.

Result

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Payment for Ecosystem Services

Beneficiaries/users of an ecosystem service, such as water regulation, make a direct or indirect payment to the provider of that service in exchange for service provision and maintenance. This "user pays" concept is that whoever preserves or maintains an ecosystem service should be paid for doing so. Beneficiaries/users of an ecosystem service can make a direct payment to the provider of that service through a private contract or an indirect payment through the intermediation of the State who charges the users through a tax or fee. Payments for ecosystem services are mostly found in the water, forest, agriculture and energy sectors. Also known as "Payment for Environmental Services".

Result

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Payment for Ecosystem Services-state intermediation and/or fee

Beneficiaries/users of an ecosystem service make a indirect payment to the provider of that service through an intermediary such as the state where the public authority disburses the compensation to the service provider for conservation for maintenance.  To fund the compensations, countries either rely on the general budget or introduce PES-like taxation systems with special-purpose taxes and fees, targeting the tourism, water, electricity, transport and extractives sectors (i.e. the beneficiaries of the ecosystem services). Mexico has a national level scheme that also encourages the establishment of private to private PES systems.

Result

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Payment for Ecosystem Services-private to private

Beneficiaries/users of an ecosystem service make a direct payment to the provider of that service. The system can be voluntary using a private contract. Payments are mostly found in the water, forest, agriculture and energy sectors. For example, Nestle (formerly Vittel) pays farmers to refrain from using chemicals in north-eastern France and the City of New York pays farmers and other land owners to protect watersheds in the Catskill mountains, thus saving billions of dollars by aoviding the construction of major water treatment systems.

Result

Generate

Any existing or innovative mechanism that can generate and/or leverage financial resources for biodiversity.

Generate

Type

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Biodiversity friendly subsidies

Government subsidies that favor biodiversity by supporting individuals and organizations acting in biodiversity friendly ways. Subsidies can take many forms including tax relief, technical support, price support, etc. This can include biodiversity friendly businesses such as ecotourism, sustainable agriculture, non-timber forest products, reduced impact forestry, fisheries, etc. 

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Realign

Any measure that can re-orient and realign existing financial flows towards biodiversity conservation. 

Realign

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Grant

Any solution that invovles the allocation of a grant. This includes private donations and Official Development Assistance.

Grant

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Fishing

Fishing

Forests

Forests

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Water

Water

Subsidies for organic agriculture

Government subsidies that support actors in the organic agriculture industry to encourage expansion of organic production or other sustainable agricultural system. Subsidies can take many forms including tax relief, technical support, price support and can support individuals, companies and organizations. 

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Realign

Any measure that can re-orient and realign existing financial flows towards biodiversity conservation. 

Realign

Type

Fiscal

Any solution that involves a fiscal reform, i.e. changes in taxation or the modification of a subsidy's regime.

Fiscal

Grant

Any solution that invovles the allocation of a grant. This includes private donations and Official Development Assistance.

Grant

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Outsourcing strategies

The public and private sector outsources part of their operations to more efficient or knowledgeable business partners. The process usually requires the set up of a competitive bidding process and of a quality control process to oversee external partners' performance. It is widely used in both the private and public sector to benefit from economies of scope and scale. While not specific to biodiversity, these measures can and should be considered by government and conservation organizations.

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Type

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Natural capital accounting-natural capital protocol - corporate natural capital accounting

Every business impacts and depends on natural capital to some degree and will better manage risks and opportunities associated with natural capital if they seek to integrate natural capital accounting into decision making. All impacts and dependencies create costs and benefits for the business and society. Understanding these connections can better inform corporate decision makers, investors, and clients. The natural capital protocol provides detailed guidance to enterprises.

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Realign

Any measure that can re-orient and realign existing financial flows towards biodiversity conservation. 

Realign

Type

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Tourism

Tourism

Trade

Trade

Water

Water

Sustainability standards: products and processes

Voluntary, usually third party-assessed, norms and standards relating to environmental, social, ethical issues, adopted by companies to demonstrate the performance of their organizations or products in areas related to product specifications and or business processes.  This could include indications of carbon neutrality, use of solar power, or responsible sourcing practices.

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Deliver

Any measure or strategy that can enhance cost-effectiveness/efficiency, synergies and/or favour a more equitable distribution of resources.

Deliver

Type

Market

Any solution that involves a market transaction, e.g. ecosystem services and carbon markets.

Market

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Private

Private

Sector

Agriculture

Agriculture

Energy

Energy

Finance

Finance

Fishing

Fishing

Forests

Forests

Infrastructure

Infrastructure

Manufacturing

Manufacturing

Mining

Mining

Other

Other

Protected Areas

Protected Areas

Tourism

Tourism

Trade

Trade

Transport

Transport

Water

Water

Natural capital accounting-national accounts

National-public-natural capital accounts measure the stocks of natural capital and flows of services supplied by them. Methodologies and international standards exist for calculating forests, land and water accounts, while more experimental exercise are being piloted for biodiversity and ecosystems. The incorporation of natural capital into national accounts can support better financial and economic decisions as well as influence spending allocations in the long term.

Result

Avoid

Any measure that can prevent or reduce future investment needs by eliminating/amending existing counter-productive policies and expenditures (e.g. taxes on sugar content or tobacco).

Avoid

Realign

Any measure that can re-orient and realign existing financial flows towards biodiversity conservation. 

Realign

Type

Regulatory

Any solution that involves a regulatory reform, i.e. the imposition of a certain behaviour through the law or a regulation.

Regulatory

Public/Private
Public

Public

Sector

Agriculture

Agriculture

Energy

Energy

Fishing

Fishing

Forests

Forests

Mining

Mining

Protected Areas

Protected Areas

Trade

Trade

Water

Water