This report has been prepared by the High-Level Panel on Global Assessment of Resources for implementing the Strategic Plan for Biodiversity 2011-2020 in order to inform discussions at the eleventh Conference of the Parties (COP 11) to the Convention on Biological Diversity (CBD) on resources required to achieve the Strategic Plan for Biodiversity 2011-2020 and to achieve the Aichi Biodiversity Targets. The Executive Summary of this report is provided as an addendum to document UNEP/CBD/COP/11/14. The full report of the Panel is available as information document UNEP/CBD/COP/11/INF/20.

The report by the Panel provides a first assessment of the costs of meeting the Aichi Biodiversity Targets by 2020, drawn from underpinning research conducted by experts working on specific Targets or thematic ‘cluster’ groups of Targets. The assessment is a presentation of the range of actions and activities that would make a significant difference in the delivery of the Aichi Biodiversity Targets, and the range of estimates for their associated resource needs. The variety of actions and activities chosen for the assessment of resource needs required vary significantly across each Target or cluster of Targets, and this variance is thus reflected in the estimates.

To some extent the report also identifies and explores possible sources of financing, such as fiscal policy instruments, mainstreaming of biodiversity, reform of perverse subsidies, positive incentives, role of the private sector, and so forth. It aims to build on and complement other work to study the potential costs of achieving the various Targets, including the assessment on the funding needs for the sixth replenishment of the Global Environment Facility (GEF).