FfB Observer Member at CBD

The Finance for Biodiversity Foundation (FfB), which has over 30 active members across the finance sector, has become an official observer member of the meetings of the Convention on Biological Diversity (CBD). This means that we can now attend meetings of the CBD and contribute to the negotiations.

On 25 August, at a meeting of the Open Ended Working Group 3 (OEWG, WG2020-3), we made use of this opportunity to speak for the first time. The interim chair of the FfB Public Policy Advocacy working group, Sonya Likhtman (Federated Hermes International), made a statement during the Plenary of the session.

Likhtman stated:

“The financial sector must contribute to implementing the Global Biodiversity Framework, but to do so it needs an enabling regulatory environment, ambitious and enforceable targets, and relevant guidance. We strongly encourage the next draft of the Global Biodiversity Framework to include an explicit requirement for public and private financial flows to be aligned to global biodiversity goals.”

View the OEWG-3 statement by the Finance for Biodiversity Foundation

Find all documents and statements for the CBD OEWG meetings

Learn more about the Post-2020 Biodiversity Framework

Learn more about the CBD negotiations and how the finance sector can engage

Learn more about the CBD workshop ‘The Financial Sector and the Post-2020 GBF’ (17-18 June 2021) and its synthesis

Read more about this project at the Finance for Biodiversity Pledge project page.