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Why We Need More and Better Biodiversity Aid

Why We Need More and Better Biodiversity Aid

Despite increased conservation efforts, biodiversity contin¬ues to decline, while international targets to conserve biodiversity remain out of reach. Mobilising financial resources for conservation investments is considered crucial to addressing the direct and indirect drivers of biodiversity loss and to setting incentives for conserving biodiversity. Aid is, and will likely continue to be, the main source of funding biodiversity conservation in developing countries. Mobilising domestic funds still presents a challenge to many develop¬ing countries although some domestic budgets for bio¬diversity show upward trends. Donor countries have repeated¬ly committed to increasing funds to support con¬servation measures in developing countries but the modest achievements of international conservation efforts have created doubts with regard to its effectiveness. However, research shows that aid can play a crucial role in biodiversity conservation in developing countries. Having said that, aid needs to be better aligned with biodiversity strategies and to aim at mainstreaming...