What
The Government of France is mainstreaming biodiversity as part of its international development agency (AFD).

Goal
France has set a target to reach at least €1 billion annually of international biodiversity finance by 2025.

Recent activities
In 2022, the AFD has already reached €736 million of international biodiversity finance, and is on track to continue to meet its target by 2025. In addition, 30% of climate finance will have biodiversity co-benefits by 2025.

Benefits
Mainstreaming biodiversity within international development finance ensures synergies can be built across development programs and increase the amount of funding that supports biodiversity. Embedding biodiversity into development finance also ensures that new development programs avoid or mitigate harm to nature.

Synergies with other Points of the 10 Point Plan
2 – Synergies with Climate Finance

Relevant links and resources
AFD figures 2022: nature-biodiversity-activity-report-2022.pdf

OECD 2023 – report on international public expenditure: https://www.oecd-ilibrary.org/development/a-decade-of-development-finance-for-biodiversity_e6c182aa-en provides information up to 2020 for international public expenditure

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