Help avert global biodiversity loss: “By 2020, the EU has stepped up its contribution to averting global biodiversity loss
With 334 million EUR, biodiversity-related international financial flows doubled in 2015, compared to an average of 166 million EUR over the period 2006–2010. International financial flows continued to increase after 2015, with an estimate of 700 million EUR in 2018. For more detailed information please see the EU financial report to CBD.
The EU has also taken initial steps to reduce indirect drivers of global biodiversity loss, including wildlife trade, and to integrate biodiversity into its trade agreements. These are outlined in section II of this report. However, in particular EU demand and dependency on agricultural commodities from Africa (e.g. maize, coffee), the Americas (e.g. soybean), and Asia (e.g. cereals, natural rubber, palm oil) has driven the expansion of monoculture crops and plantations across these continents. Thus, overall, progress is insufficient in reducing the impacts of EU consumption patterns on global biodiversity. On the current trajectory, existing efforts may not be sufficient to provide a significant contribution to achieving the Aichi Biodiversity Targets by the deadlines.
Indicators used in this assessment
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