This document outlines the agenda for Session 4 of a global conference on biodiversity finance. The session will be split into two parts: Part A will discuss estimating finance needs, with presentations from experts on assessing needs at the global and national levels, including for the post-2020 global biodiversity framework and case studies from the Philippines and Colombia. Part B will cover developing effective biodiversity finance plans, with experiences shared from India's and Mexico's biodiversity finance plans. The document raises questions about assessing finance needs and outlines approaches countries have taken, including through the BIOFIN program. It emphasizes that a finance needs assessment is an important input to developing a biodiversity finance plan.

1. Session 4 : Estimating Finance
Needs and Developing Effective
Biodiversity Finance Plans

2. Agenda
Part A : Estimating Finance
Needs
Yasha Feferholtz
Estimation of resources needed for
implementing the post-2020 global
biodiversity framework: preliminary
second report of the Panel of Experts
on Resource Mobilization
Armida Andres
Estimating Finance Needs and
Developing Effective Biodiversity
Finance Plans: A Philippine Perspective
Santiago Aparicio
Financial needs assessment: Colombia
Part B : Developing
Effective Biodiversity
Finance Plans
Vinod Mathur
Biodiversity Finance Plan: The
Indian Experience
Fernanda Montero
Mexico’s Biodiversity Finance
Plan

3. Has your country estimated the finance
needs to achieve national biodiversity
objectives?

4. • How much money do we
need to achieve the
biodiversity targets?
• What are the largest
components of costs?
• Which institutions or sectors
need it most?
• What activities are to be
funded ?
• What are the main risks
associated with our costing
assumptions?

5. Finance needs
assessment at
the global level
• High-Level Panel (CBD, 2012)
estimated costs for
implementing the twenty Aichi
Biodiversity Targets to be
between USD 150 and USD 440
billion per year
• Expert Panel, 2020 estimate the
resources from all sources
needed for different scenarios of
the implementation of the post-
2020 framework

6. Finance needs
assessment at
the global level
• McCarthy et al : USD $0.875 to
USD 1.23 billion annually for
lowering extinction risks of birds
and USD $65.1 billion annually for
terrestrial habitats.
• Sachs et al estimated finance
requirements for all SDGs
including SDG 14 and 15 at USD 7
billion minimum

7. Finance needs assessment at the country
level : the BIOFIN approach

8. Cost by NBSAP targets
Cost by Aichi targets
Cost by BIOFIN targets
Cost by SDGs
Cost by sector
Cost by implementing agency
Recurrent vs one-time
0 5 10 15 20 25 30
Number of BIOFIN Countries30 BIOFIN
countries have
estimated the
financial
needs for
implementing
NBSAPs
18
5
3
2
Total NBSAP Some Targets NBSAP+
Other
What did the BIOFIN countries “cost” ?

9. Costing
Approaches

10. The analyses
are all linked
and
contribute
towards the
Finance Plan

11. Survey Question
Is a finance needs assessment an
essential input to the biodiversity finance
plan?

12. The biodiversity finance plan (BFP) is a national document
that presents a coherent and comprehensive approach to
biodiversity finance, encompassing a full suite of priority
finance solutions. It addresses all four finance results :
generate revenues, realign expenditures, deliver better, and
avoid future expenditures.

13. Preparing biodiversity finance plans

14. Screening Process
BIODIVERSITY IMPACT –
amount and significance
FINANCIAL IMPACT – scale
and sustainability / how
much, how stable, how long
SUCCESS – technical, legal,
social, and political feasibility
Preliminary Screening Detailed Screening
• Positive social and economic impact
(e.g. jobs, poverty reduction and
cultural and gender equality) ?
• Sufficient capacity of managing
actor(s) ?
• Onerous start-up costs in
comparison to the expected
financial returns ?
• Risks of significant unintended
negative social consequences ?

15. Management case: path to successful delivery, description
of the team
Strategic case: link to national priorities or investors’
investment strategies
Economic case: How society will be better off? How
economic benefits are distributed?
Financial case: Financial cost and path to funding; measure
of value for money
Commercial case [market instruments]: results of market
research and commercial viability
MAKING THE BUSINESS CASE

16. WEEK 3. Wednesday, 29 April 2020
FORTHCOMING
11.00 am – 12.30 pm
CET Paris Time
Session 5.
The Private and Finance Sector: Leadership in
Biodiversity
15.00 am – 16.30 pm
CET Paris Time
Session 6.
Towards a new Biodiversity Finance Agenda for 2021-
30
Please join us again at 11 am
and 3 pm CET next week!
Global Conference
on Biodiversity
Finance - Virtual
Series April 2020
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