Submission to the Secretariat of the Convention on Biological Diversity notification 2024-114

Lea Reitmeier, Agata Makowska-Curran and Jasmine Kindness

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This submission was made in response to a notification by the Secretariat of the Convention on Biological Diversity (SCBD) requesting views on additional modalities for the multilateral mechanism for the fair and equitable sharing of benefits from the use of digital sequence information (DSI) on genetic resources, as adopted in Decision 16/2 of the Conference of the Parties in Cali, Colombia in 2024. The response outlines ways in which different stakeholders could be engaged in the conversation to foster a collaborative environment and, ultimately, build a supportive ‘ecosystem’ to incentivise contributions to the Cali Fund — the key international mechanism that explicitly links the economic benefits industries derive from nature with its protection. Potential pathways to improve the availability and quality of sustainability data are outlined, followed by an exploration of how the financial community can actively engage with companies, encourage greater data disclosure, and integrate this information into their decision-making processes.

JEL-codes: F3 G3 N0 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2025-06-06
New Economics Papers: this item is included in nep-env
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