A submission to the CBD Secretariat concerning decision X/3
Helena Paul & Antje Lorch
With Decision X/3, A, paragraph 8(c) "invites parties, relevant organisations and initiatives.[...] to submit information concerning innovative financial mechanisms that have potential to generate new and additional financial resources as well as possible problems that could undermine achievement of the Convention's three objectives [...]".
This submission focuses on experiences with offset programmes, showing examples and concerns that have arisen from them and that are relevant to ideas of developing biodiversity offset systems or similar mechanisms.