The OECD convened an expert workshop on Mobilising Private Sector Finance for Biodiversity Conservation and Sustainable Use on 9 March 2011. Increasing levels of finance for biodiversity will be necessary to help achieve more effective conservation and sustainable use of natural resources and the ecosystem services they provide. This need was also recognised by Parties to the UN Convention on Biological Diversity (CBD) at the 10th Conference of the Parties in October, 2010. Finance for biodiversity will need to be mobilised from different sectors, including public and private.
The aim of this workshop was to explore how private sector engagement in biodiversity conservation and sustainable use can be scaled up in practice. Building on a previous OECD workshop on Innovative International Financing for Biodiversity Conservation and Sustainable Use (July 2, 2009), this workshop explored options, challenges, and opportunities for mobilising private sector finance. This issue is also highly pertinent to ongoing OECD horizontal work on a Green Growth Strategy.
The workshop aimed to foster discussion and exchange views between government, the private sector, and non-governmental organisations. Views and insights were presented from both past experience and recent initiatives that are underway.