Uploaded October 2024 | Updated September 2026, 2 weeks ago
Reducing harmful subsidies and scaling up positive incentives for nature are essential to global biodiversity goals and will be a major focus of discussion at the Convention on Biological Diversity COP16 in Cali, Colombia.
The Global Environment Facility brought these issues into focus at the "Target 18: Creating the Right Incentives for a Nature-Positive Future" conference on October 27, in the Green Zone.
This conference, co-hosted with the Government of Colombia, Convention on Biological Diversity, Conservation International, Gordon and Betty Moore Foundation, International Conservation Caucus Foundation, The Nature Conservancy, the World Bank, and the World Economic Forum, focused on the potential of positive incentives, reforms of harmful subsidies, and alignment of policy for achievement of Target 18 of the Kunming-Montreal Global Biodiversity Framework.
It included practical lessons from the agriculture and fisheries sectors, as well as insights on transition finance and the role of the private sector in subsidy reforms and narrowing of the nature funding gap.
Learn more about the Target 18 conference: thegef.org/target-18-creating-right-incentives-nature-positive-future
Learn more about GEF partnership activities at CBD COP16: thegef.org/events/gef-cbd-cop16
ABOUT US
The Global Environment Facility (GEF) is a multilateral family of funds dedicated to confronting biodiversity loss, climate change, and pollution, and supporting land and ocean health. Its financing enables developing countries to address complex challenges and work towards international environmental goals.
Website: thegef.org
Follow us on social media
X/Twitter: https://x.com/theGEF
Facebook: facebook.com/TheGEF1
LinkedIn: linkedin.com/company/global-environment-facility
Instagram: instagram.com/gef_global_environment
Reducing harmful subsidies and scaling up positive incentives for nature are essential to global biodiversity goals and will be a major focus of discussion at the Convention on Biological Diversity COP16 in Cali, Colombia.
The Global Environment Facility brought these issues into focus at the "Target 18: Creating the Right Incentives for a Nature-Positive Future" conference on October 27, in the Green Zone.
This conference, co-hosted with the Government of Colombia, Convention on Biological Diversity, Conservation International, Gordon and Betty Moore Foundation, International Conservation Caucus Foundation, The Nature Conservancy, the World Bank, and the World Economic Forum, focused on the potential of positive incentives, reforms of harmful subsidies, and alignment of policy for achievement of Target 18 of the Kunming-Montreal Global Biodiversity Framework.
It included practical lessons from the agriculture and fisheries sectors, as well as insights on transition finance and the role of the private sector in subsidy reforms and narrowing of the nature funding gap.
Learn more about the Target 18 conference: thegef.org/target-18-creating-right-incentives-nature-positive-future
Learn more about GEF partnership activities at CBD COP16: thegef.org/events/gef-cbd-cop16
ABOUT US
The Global Environment Facility (GEF) is a multilateral family of funds dedicated to confronting biodiversity loss, climate change, and pollution, and supporting land and ocean health. Its financing enables developing countries to address complex challenges and work towards international environmental goals.
Website: thegef.org
Follow us on social media
X/Twitter: https://x.com/theGEF
Facebook: facebook.com/TheGEF1
LinkedIn: linkedin.com/company/global-environment-facility
Instagram: instagram.com/gef_global_environment
