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Working with Banking and Business -- Guidance under the CBD Beijing, China, 18 October 2002
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Scope of the study Text of the Convention on Biological Diversity: all implementation-oriented articles appear to have relevance to banking and business sectors Decisions adopted by six meetings of the Conference of the Parties: over 50 decisions contain provisions related to banking and business sectors
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Defining the Banking and Business Sectors Various terms used in COP decisions “The private sector” is a more commonly used term. Implicitly the banking sector is included in the term “funding institutions” The term “business” may be considered to include all relevant sectoral and cross- sectoral activities
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Examples for private sector engagement Article 6 to provide funding for implementing NBSAPs (VI/27) Article 7 GTI requires business management training to biodiversity managers (IV/1) Article 8 involved in plant conservation strategy (VI/9) Cooperation, awareness, involvement in alien species (VI/23) obtain prior informed consensus, awareness of polices or processes in Article 8(j) (V/16, VI/10)
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Examples for private sector engagement (Contd.) Article 9 Information regarding ex-situ collections (V/26) Article 10 Involvement (IV/15) Business creation (V/25) Public awareness and education (VI/14) Best practices and lessons (V/24)
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Examples for private sector engagement (Contd.) Article 11 Role and contributions (III/18, VI/15) Internalization (V/15) Engagement (VI/15) Article 13 Actors, partners and stakeholders (VI/19)
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Examples for private sector involvement (Contd.) Article 14 Involvement and collaboration (V/18) Article 15 Consultation (II/12) Information (II/11, VI/24) Expertise (IV/8) Participation (V/26, VI/24) Support (IV/8)
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Examples for private sector involvement (Contd.) Article 16 Submissions (II/4) Involvement (III/16) Article 17 Partnerships (VI/19)
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Examples for private sector involvement (Contd.) Article 18 Networking (II/3) Involvement (III/4, IV/2) Contact and being targeted audience (V/14) Article 19 Involvement (V/1)
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Examples for private sector involvement (Contd.) Articles 20 and 21 Access to and mobilization of funds (I/2, III/6, IV/11) Study on private sector (IV/12) Involvement (V/11, VI/16) Partnership initiatives (VI/21)
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Treatment of the private sector Strategic element (VI/26) Observer status (I/1) Standing agenda item (V/11) Budgetary contribution (I/6, II/20, III/24, IV/17, V/22, VI/29) Encouragement of involvement (III/16, III/6)
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Expectations for the private sector Funding support Technical and human resources support Consideration of the precautionary approach Application of technology Participation in the programme of work Creation of private reserves and private conservation Compliance Information (best practices and lessons learned)
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Modalities for working with the private sector Consultation/targeted Networking Access to private sector funds Learn business management skills Join efforts/cooperation/collaboration Facilitate and support a responsible private sector Create the conditions Awareness raising Involvement/engagement/participation Assessment of private sector trends Internalization of biodiversity values Partnership
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