Funding for Biodiversity conservation has been inadequate for implementing proposed environmental activities in different sectors. The major sources of financing biodiversity conservation have been Government, development partners, and some international NGOs. Part of the reason why funding levels have been low is due to lack of a holistic approach to financing biodiversity conservation that takes into consideration the potential of biodiversity in poverty reduction, economic development, health, and sanitation among others. There is also a need to diversify funding sources such as bringing on board the private sector as well as exploring other mechanisms such as the Payment for ecosystem service (PES) and carbon trading.
National Target 19: By 2020, at the latest, the mobilization of financial resources for an effective implementation of NBSAP from all potential sources, and in accordance with agreed process in the strategy for resource mobilization, is reinforced and increased substantially from the current levels.