Other

Other

Published on
2023 Jun 12

Target 4: By 2020, financial mechanisms are available for mobilizing the protection, conservation, restoration and sustainable use of biodiversity.


Financial mechanisms are vital for mobilizing practical management of biodiversity by providing both direct support and indirect incentives for relevant sectors to collaborate in the protection, conservation, restoration and sustainable use of biological diversity. Therefore, Thailand needs to pursue development and adoption of financial mechanisms that are compatible and effective for implementing under the country’s setting and lending themselves to enabling long-term cooperation between the sectors.