The Fund will provide a financial mechanism to catalyse sustainable support for taxonomy in the future and deliver the knowledge base needed to achieve the anticipated Rio+20 goals, advancing sciences, industries (e.g. agriculture, health), policy and society. The purpose of the Fund will be to strengthen both the delivery of demand-driven taxonomic outputs as well as the taxonomic science base needed to address existing knowledge gaps in taxonomy. It aims to increase taxonomic capacity and productivity particularly in the less developed world, prioritize taxonomic activities according to agreed agendas in order to allocate resources effectively, and enhance the sustainability of taxonomic efforts.
The outcome will be a strengthened taxonomy that can adequately support
- sciences such as geospatial research (based on observations of species occurrence), ecological studies, physiology, medicine, etc.
- a wide range of biodiversity issues (e.g., management of ecosystems and protected areas, invasive alien species, monitoring and responses to climate change, etc.) and their implications for sustaining ecosystem services,
- agricultural productivity, food security and poverty reduction through improved plant and animal health and stored product management,
- policy decision making and the development of regional and national agendas,
- the identification of opportunities and risks for the business sector.