By 2020, at the latest, incentives, including subsidies, harmful to biodiversity are eliminated, phased out or reformed in order to minimize or avoid negative impacts, and positive incentives for the conservation and sustainable use of biodiversity are developed and applied, consistent and in harmony with the Convention and other relevant international obligations, taking into account national socio economic condition.

System of Environmental-Economic Accounting

The System of Environmental-Economic Accounting (SEEA) provides a framework for measuring the links between the environment and economy.

The SEEA consists of two parts. The SEEA Central Framework (SEEA CF) was adopted by the UN Statistical Commission as the first international standard for environmental-economic accounting in 2012. The Central Framework looks at individual environmental assets, such as water, forests and fisheries resources, and how they are extracted from the environment, used within the economy, and returned to the environment as air, water, and waste.