Financing of the conservation of and sustainable international trade
in species of wild fauna and flora

Directed to Parties

12.25

The Parties and observers are invited to provide to the Secretariat information on best-practice methods for the financing the conservation of species of wild fauna and flora as well as capacity building for developing countries/countries with economies in transition with a view to furthering inter alia the implementation of the Convention at the national level as well as sustainable international trade in species of wild fauna and flora as may be appropriate; such methods include but are not limited to conservation trust funds, government budgetary allocations where possible, user fees, taxes and fines, subsidies and compensation programmes, private sector partnerships, international donor aid, and other innovative approaches as may be relevant.

Directed to the Secretariat

11.129

To ensure maximum use of available funds, especially the Global Environment Facility (GEF), the Secretariat, in cooperation with the Secretariat of the Convention on Biological Diversity, shall approach the Secretariat of GEF to determine which projects for the sustainable management of species of wild fauna and flora included in the Appendices of CITES are eligible for financing from GEF.

12.26

The Secretariat shall review, depending on the availability of financial resources, existing and innovative mechanisms to finance the conservation of species of wild fauna and flora as well as capacity building for developing countries / countries with economies in transition with a view to furthering inter alia the implementation of the Convention at the national level as well as sustainable international trade in species of wild fauna and flora. In its review, to be carried out in consultation with relevant conventions, government bodies and aid and donor agencies, the Secretariat shall look at relevant trust funds, government budgetary allocations, user fees, taxes and fines, subsidies and compensation programmes, private sector partnerships, international donor aid, and other innovative approaches as may be relevant, and compare their usefulness and their potential for benefiting the conservation of CITES-listed species and capacity building for developing countries / countries with economies in transition to ensure the full implementation of the Convention at the national level. The Secretariat shall present its analysis at the 13th meeting of the Conference of the Parties.