COP16.2: Necesitamos un cambio de sistema para un financiamiento justo de la biodiversidad

A statement by Friends of the Earth International regarding the COP16.2 negotiations in Rome, arguing that current biodiversity financing mechanisms are unjust and that a fundamental systemic change in the global financial system is required to effectively combat biodiversity loss.

• The COP16.2 negotiations in Rome, Italy (February 25-27, 2025), aim to resolve financial stalemates from the 2024 COP16 in Colombia, specifically focusing on creating a new fund for a fairer distribution of resources to countries in need. Current financing managed by the Global Environment Facility is described as favoring countries that provide large amounts of co-financing, leaving many others unable to access funds.
• The global financial sector is identified as a primary driver of biodiversity loss. Since 2015, banks have provided over $395 billion in credits to extractive industries—including meat, palm oil, pulp, paper, rubber, soy, and timber—in deforestation-prone regions. Profit-driven industries such as mining, oil and gas, industrial forestry, and industrial agriculture are estimated to cause up to 90% of global biodiversity loss.
• Developing nations are trapped in cycles of debt and economic dependence on biodiversity-degrading exports. The document cites Argentina's dependence on soy exports and the Democratic Republic of the Congo's dependence on mining as examples. These countries face pressure from the World Bank and the International Monetary Fund to implement policies that incentivize destructive sectors.
• Private financing and market-based solutions are criticized as insufficient and potentially harmful. Only $5 billion has been raised through private financing so far. Biodiversity offsets are described as 'perverse' because they fund restoration based on the destruction of other ecosystems, and green bonds—which reached approximately $1 trillion in 2024—are flagged for risks of 'greenwashing'.
• The document advocates for a systemic financial reform that directs funds directly to Indigenous Peoples and Local Communities (IPLCs), who are described as the most effective at biodiversity conservation but the least financially supported. The lack of direct funding mechanisms often forces these communities into harmful agreements with large corporations.

APA

FOEIAdmin (2025). COP16.2: Necesitamos un cambio de sistema para un financiamiento justo de la biodiversidad. Friends of the Earth International. https://www.foei.org/es/cop16-2-necesitamos-un-cambio-de-sistema-para-un-financiamiento-justo-de-la-biodiversidad/

Chicago

FOEIAdmin. COP16.2: Necesitamos un cambio de sistema para un financiamiento justo de la biodiversidad. Friends of the Earth International, 2025. https://www.foei.org/es/cop16-2-necesitamos-un-cambio-de-sistema-para-un-financiamiento-justo-de-la-biodiversidad/.

Wikipedia

{{cite press release |last1=FOEIAdmin |title=COP16.2: Necesitamos un cambio de sistema para un financiamiento justo de la biodiversidad |publisher=Friends of the Earth International |date=27 February 2025 |url=https://www.foei.org/es/cop16-2-necesitamos-un-cambio-de-sistema-para-un-financiamiento-justo-de-la-biodiversidad/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{foeiadmin2025cop162, author = {FOEIAdmin}, title = {{COP16.2: Necesitamos un cambio de sistema para un financiamiento justo de la biodiversidad}}, publisher = {Friends of the Earth International}, year = {2025}, month = feb, url = {https://www.foei.org/es/cop16-2-necesitamos-un-cambio-de-sistema-para-un-financiamiento-justo-de-la-biodiversidad/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }