October 22, 2012
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Biodiversity finance commitment drives increased international funding, capacity building, and steps toward protocol ratification during India's presidency.
Parties committed to increased international biodiversity finance through a preliminary target and a Hyderabad Road Map; India facilitated this by co sponsoring dialogues and a High Level Panel, introducing a preliminary target via the Bureau, and leading negotiations. India will support capacity building to help developing countries prepare proposals, share methods for robust baselines to refine future targets, provide domestic funds for South-South cooperation, and pursue ratification and implementation measures for the Nagoya Protocol while strengthening subnational biodiversity institutions and awareness programs.