The EBRD works with international and national institutions to explore how
biodiversity concerns can be addressed through project finance.
European Task Force on Banking, Business and Biodiversity
The EBRD is a member of the European Task Force on Banking, Business and
Biodiversity which looks at potential financing mechanisms for biodiversity
projects. The Task Force was established in the framework of the Pan-European
Biological and Landscape Diversity Strategy. Related biodiversity initiatives
include discussions on technical assistance, including capacity building and
evaluation of biodiversity impacts of oil/gas development. We are also a
partner with the Flora and Fauna International on a pilot biodiversity project
funded by the Dutch DOEN Foundation.
More about the European
Task Force on Banking, Business and Biodiversity.
Read the scoping study on How to structure a biodiversity technical assistance
facility.
Convention on International Trade in Endangered Species of Wild Flora and
Fauna
The Convention on International Trade in Endangered Species of Wild Flora and
Fauna (CITES) aims to ensure that international trade in wild animals and
plants does not threaten their survival. The EBRD does not finance trade in
wildlife or wildlife products regulated under CITES.
More about CITES.
Convention on Bioogical Diversity
The main goals of the Convention on Biological Diversity are conservation of
biological diversity; sustainable use of its components ?; and fair and
equitable benefit sharing from the use of genetic resources.
The Convention has been signed or ratified by the EBRD countries of operation
in Central and Eastern Europe. Each country is obliged to produce and
implement a National Biodiversity Strategies and Action Plan which establishes
the status of biodiversity, and sets out a national policy to conserve
biodiversity and how use it in a sustainable manner. Countries must also
produce a prioritised action plan which addresses interaction with
international organisations such as the EBRD.
More about the Convention
on Biological Diversity.
World Conservation Union
The EBRD and the World Conservation Union (IUCN) are currently developing a
Memorandum of Understanding. The Memorandum would support the EBRD to:
-
Identify biodiversity issues associated with prospective projects.
-
Formulate a due diligence approach to characterising biodiversity issues.
-
Developing mitigation and monitoring measures
More about the World Conservation Union.