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Enhance implementation through participatory planning, knowledge management and capacity building
1. By 2015 each Party has developed, adopted as a policy instrument, and has commenced implementing an effective, participatory and updated national biodiversity strategy and action plan.
2. By 2020, the traditional knowledge, innovations and practices of indigenous and local communities relevant for the conservation and sustainable use of biodiversity, and their customary use of biological resources, are respected, subject to national legislation and relevant international obligations, and fully integrated and reflected in the implementation of the Convention with the full and effective participation of indigenous and local communities, at all relevant levels.
3. By 2020, knowledge, the science base and technologies relating to biodiversity, its values, functioning, status and trends, and the consequences of its loss, are improved, widely shared and transferred, and applied.
By 2020, at the latest, the mobilization of financial resources for effectively implementing the Strategic Plan for Biodiversity 2011-2020 from all sources, and in accordance with the consolidated and agreed process in the Strategy for Resource Mobilization, should increase substantially from the current levels. This target will be subject to changes contingent to resource needs assessments to be developed and reported by Parties.
CoP 11 hyderabad
♤ One of the most important outcomes of the CoP is the commitment of the Parties to double the international financial flows for Bio Diversity by 2015. This will translate into additional financial flows to the developing countries to the tune of about US $ 30 billion equivalent to about Rs. 1,50,000 crore over the next 8 years.
♤ India has committed US $50 million towards strengthening the institutional mechanism for biodiversity conservation in the country during its presidency of the Convention on Biodiversity (CBD) called the Hyderabad Pledge
♤ The funds will be used to enhance technical and human capabilities at the national and state-level mechanisms to attain the CBD objectives.
♤ The country has also earmarked funds to promote similar capacity building in developing countries. India formally took charge of the presidency of CBD from Japan for the next two years on October 8 at the inaugural of the eleventh meeting of the Conference of Parties (CoP 11) to CBD.
♤ India has instituted together with UNDP Biodiversity Governance Awards. The first such awards were given during the CoP 11. It is now proposed to institute Rajiv Gandhi International Award for Harnessing Biodiversity for Livelihood.