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

The statement by Friends of the Earth International criticizes current biodiversity financing mechanisms as unjust and insufficient, highlighting how the global financial sector drives nature loss through credits to extractive industries and debt cycles in developing nations. It rejects market-based solutions like biodiversity offsets and green bonds as 'greenwashing' and calls for direct financial support for Indigenous Peoples and Local Communities (IPLCs).

• Current biodiversity financing mechanisms are described as deeply unjust, with the Global Environment Facility favoring countries that provide significant co-financing, which prevents many other countries from accessing funds. Furthermore, developed nations are failing to meet the already insufficient financial commitments made at COP15.
• The global banking sector and profit-driven industries are primary drivers 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. Collectively, industries such as mining, oil and gas, industrial forestry, and industrial agriculture are estimated to cause up to 90% of global biodiversity loss.
• Developing countries are trapped in economic dependencies and debt cycles that hinder conservation. These nations often rely on exports of biodiversity-degrading products for revenue and face pressure from the World Bank and International Monetary Fund to implement policies that incentivize destructive sectors. Specific examples include Argentina's dependence on soy exports and the Democratic Republic of the Congo's dependence on mining.
• Market-based financial instruments are criticized as insufficient or perverse. Private financing for biodiversity has only raised $5 billion and often lacks accountability. Biodiversity offsets are described as perverse because they fund the restoration of one area using money generated from the destruction of another. Additionally, green bonds, which reached approximately $1 trillion in investments in 2024, are flagged for high risks of 'greenwashing' and prioritizing investor profit over biodiversity.
• The document advocates for a systemic shift where biodiversity funding is directed toward real territorial actions, specifically calling for the establishment of mechanisms to allocate substantial funding directly to Indigenous Peoples and Local Communities (IPLCs), who are identified as the most effective at implementing conservation but the least financially supported.

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} }