196 governments agreed to put nature back on track with the adoption of the Kunming-Montreal Global Biodiversity Framework (GBF) in December 2022. The GBF identifies a funding gap of $700 billion a year needed to halt and reverse the biodiversity loss. To fill that gap, commitments were made to increase finance from all sources public, private, domestic, international including by aligning existing economic structure with nature.

The 10 Point Plan is a trans-continental initiative which aims to raise the political profile of the need to finance nature, as well as build mutual trust and understanding around a common political vision. It signals the need at the highest political level to ratchet ambition from all countries and private actors to close the biodiversity funding gap by both mobilizing at least $200 billion per year in biodiversity-related funding from all sources; and by ending or repurposing $500 billion worth of harmful subsidies per year by 2030. Wide global endorsement sends a strong signal of shared ambition and solidarity from governments across the world to end the destruction of nature, and support a nature positive future.

The 10 Point Plan was formulated based on a set of global principles of cooperation to foster a just transition to a nature positive future and build synergies between tackling climate change and biodiversity loss.

The 10 points identified cut across all finance flows needed to fill the nature finance gap, and set out a comprehensive roadmap to achieve the goals of the Global Biodiversity Framework.