CHAPTER 2
Five of the analyzed OPEC Fund projects contribute to a variety of targets within SDG 15 (Life on Land), as shown in Table 15. One example is a US$20 million loan to a project co-financed by IFAD and the Global Environ- ment Facility (GEF) in Lesotho aiming to, among other
activities, support farmers in adopting environmentally sustainable rangeland management practices to promote the conservation and sustainable use of biodiversity and the ecosystem for wool and mohair farming (targets 15.4 and 15.a).
Table 15: Project contributions to SDG 15 targets
No. of contributing projects
% of contributing projects
SDG target
15.1 By 2020, ensure the conservation, restoration and sustainable use of terrestrial and inland freshwater ecosystems and their services, in particular forests, wetlands, mountains and drylands, in line with obliga- tions under international agreements 1
2
15.2 By 2020, promote the implementation of sustainable management of all types of forests, halt deforestation, restore degraded forests and substan- tially increase afforestation and reforestation globally 1
2
15.3 By 2030, combat desertification, restore degraded land and soil, includ- ing land affected by desertification, drought and floods, and strive to achieve a land degradation-neutral world 1
2
15.4 By 2030, ensure the conservation of mountain ecosystems, including their biodiversity, in order to enhance their capacity to provide benefits that are essential for sustainable development 1
2
15.6 Promote fair and equitable sharing of the benefits arising from the utilization of genetic resources and promote appropriate access to such resources, as internationally agreed 2
4
15.a Mobilize and significantly increase financial resources from all sources to conserve and sustainably use biodiversity and ecosystems 2
4
15.b Mobilize significant resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to de- veloping countries to advance such management, including for conserva- tion and reforestation
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