Reversing biodiversity loss by 2020 is the objective of the 193 countries that are party to the global Convention on Biological Diversity (CBD). In this context, the Aichi Biodiversity Targets 2020 were agreed upon by the CBD in Nagoya, Japan in 2010 and this was followed by asking a high-level panel to make an assessment of the financial resources needed to achieve these targets globally. First, we review the literature on the costs and benefits of meeting the Aichi Targets. Second, we provide a summary of the main conclusions of the CBD High-Level Panel (HLP) 1 and 2 on the Global Assessment of the Resources for Implementing the Strategic Plan for Biodiversity 2011–2020. A key conclusion of the HLP is that the monetary and non-monetary benefits of biodiversity conservation and sustainable use to be achieved by implementing the Aichi Targets would significantly outweigh the amount of investments required.
Bibliographical noteFunding Information:
We thank the Governments of the United Kingdom, Japan and Norway for sponsoring the work of the High-Level Panel. We also thank the CBD Secretariat in Montreal for serving as administrators for this effort, and the Governments of Brazil and India for hosting HPL meetings. URS would like to thank the OceanCanada Partnership, created with the support of the Social Sciences and Humanities Research Council of Canada (SSHRC).
All Science Journal Classification (ASJC) codes
- Environmental Science(all)
- Social Sciences(all)