Webinar's key outcomes for the Edinburgh Process
The key outcomes of the webinar that the Edinburgh Process should consider are:
- Leveraging of resources: subnational governments are on the front line in taking action on biodiversity. This requires investments by subnational governments, and national governments are often unaware of the scale of investment required. If CBD parties were able to assess such investments and include them in their reporting, then they would see more clearly that the vast majority of resources should be accessed and used by subnational governments;
- Additional resources from additional players: while some finance opportunities exist, such opportunities are not enough to meet the investment needs of subnational governments. Especially after the COVID-19 pandemic, national governments should support subnational governments in the leveraging of finance from additional sources, such as the private sector;
- Ecosystem-approach efficiencies: the ecosystem approach is a wide and well-structured system that should be applied in resource implementation to create efficiencies across all levels of governance
The post-2020 framework must improve the readiness and capacity of local and subnational governments to access and harness financial resources in support of the implementation of the post-2020 framework.
The Edinburgh Process should include these key outcomes to make sure that by 2050, "biodiversity is valued, conserved, restored and wisely used, maintaining ecosystem services, sustaining a healthy planet and delivering benefits essential for all people", as stated in the 2050 vision on biodiversity.
A detailed summary and the presentations of the webinar are available in the right-hand side of this page.
This webinar is part of the Edinburgh Process for Subnational and Local Governments on the development of the Post 2020 global biodiversity framework.