Countries often face situations where biodiversity is not positioned on the national agenda and, in that scenario, developing financial mechanisms or mobilizing resources will be much more difficult than when biodiversity is in the mainstream of the country. Safeguarding diverse ecosystems ensures invaluable services essential for sustainable development and improvements in human wellbeing.
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- Integrating a financing strategy and Aichi Target aligned action plan,
- Developing a capacity assessment and strategic action plan, and
- Challenges in climate-related biodiversity adaptation and mitigation.
As a Large Ocean Nation, as well as Small Island State, Palau's President has agreed to protect 80% of its waters. The Palau government has also committed to grow various revenues to offset and economically benefit from the creation of this massive no-take marine reserve.
In 2012, the Seychelles began work on its second NBSAP (“NBSAP 2”). The project was financed by UNDP-GEF and is being executed by Seychelles Ministry of Environment, Energy and Climate Change (MEECC). Three major NBSAP-related studies were undertaken: