One of the significant roadblocks in negotiations and implementation of multilateral environment agreements (MEAs) is that of resource mobilization. During the eleventh Conference of Parties to the Convention on Biological Diversity (CBD-COP 11) held in 2012, Parties to the CBD agreed to develop a roadmap for raising adequate and predictable finances for realizing the Strategic Plan of the CBD. By 2015, Parties need to develop resource mobilization frameworks with a focus on realizing finances using innovative approaches and models. A series of consultations, expert studies are already prepared to provide inputs for innovative financing options at the national level. This article focuses on using the Access and Benefit Sharing (ABS) frameworks at the national level as an innovative financing option and suggests ways of raising finances for conservation action and effective implementation of the Nagoya Protocol on ABS.
