“Resource mobilization” and “capacity building” were two of the key terms that dominated the recently concluded United Nations “biodiversity” conference in Korea. “Resource mobilization,” as the reader may guess, refers to increasing government funding (i.e., increasing taxation) to support biodiversity programs and research. “Capacity building,” a favorite phrase at the UN, refers to foreign aid transfers from the developed to the lesser developed countries, which means either government-to-government or government-to-UN agency transfers of wealth.
The 12th meeting of the Conference of Parties (COP12) to the UN Convention on Biological Diversity closed on Friday, October 17, in Pyeongchang, Republic of Korea, calling for a doubling of “total biodiversity-related international financial resource flows to developing countries.” In addition to increasing direct foreign aid, this will mean a big increase in funding through the World Bank, African Development Bank, Asian Development Bank and other UN-aligned regional development banks — all of which are funded by taxes extracted by member governments. Moreover, the conferees agreed that all governments should increase their domestic spending on biodiversity.
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