Guide
A Guide to Biodiversity Financing for Cities and Regions
Using in-depth definitions, case studies and resources, the guide covers innovative and traditional financing instruments to support biodiversity conservation, maintenance, restoration and preservation.
Rapid urbanization, especially in Latin America and the Caribbean, is a key driver of biodiversity loss, with 25% of species threatened. Urban areas have a critical role in reversing this trend by investing in Nature-based Infrastructure (NBI), which provides economic benefits, job creation, and climate resilience. Currently, over USD 1 trillion is lacking annually for urban investments, and the Kunming-Montreal Global Biodiversity Framework urges a substantial increase to at least $200 billion per year by 2030 to implement biodiversity strategies and action plans for sustainable, low-emission, and climate-resilient development. The Guide details the stages of the project development cycle, explaining the necessary activities undertaken in each stage. The success of mobilizing funding for biodiversity investments depends on the bankability of the project, the inclusion of relevant stakeholders, and the development of business models. This process guides LRGs through these important steps. The Guide is complemented by the“Biodiversity Finance Decision-Making Tree”, which helps local and regional governments to find the most suitable financing instrument for their project, taking into consideration the required conditions.
Marrakech City Academy
In February 2024, this City Academy will focus on Urban Biodiversity and Accessing Urban Climate Finance.
UrbanShift at CBD COP16: From Setbacks to Solutions—How Cities Lead on Biodiversity
Drawing from the experiences of GEF cities, including under UrbanShift, and GenerationRestoration cities, this event focused on how cities are taking transformative action to address their challenges and navigating around roadblocks to change.
URBANSHIFT MARRAKECH LAB: USING GEOSPATIAL ANALYSIS AND INDICATORS TO PRIORITIZE GREENSPACE EXPANSION AND ENHANCE URBAN BIODIVERSITY
This workshop convened representatives from the cities of Marrakech, Agadir, Beni Mellal, Rabat and Tangier, the national government and other stakeholders to prioritize greenspace expansion and biodiversity conservation in Marrakech.
Local Climate Action at the Forefront: How the UNEA-6 Cities & Regions Summit Elevated the Needs and Potential of Subnational Governments
During this Summit, mayors and regional leaders sounded a powerful call for innovation and collaboration to support and finance climate action on the ground.