Figure 1 

Figure 1: The timeline and procedural steps for operationalising the BBNJ financial mechanism, showing the steps, phases, and decisions that need to be made.

Figure 2 

Figure 2: The sources of funding to the BBNJ financial mechanism as identified in the BBNJ Agreement's text. This shows how the three different funds are funded, and a rough estimate of when this will happen, and how certain we are that those funds will arrive.

These Figures have been prepared by the University of New South Wales Centre for Sustainable Development Reform, serving as the Secretariat to the BBNJ Finance Advisory Group (Advisory Group) with inputs from the members of the Advisory Group. The Advisory Group consists of global experts serving in their personal capacity to provide thought leadership on innovative financial mechanisms for the implementation of the BBNJ Agreement.

Members of the Advisory Group contribute diverse perspectives to advance discussions and offer expert insights, but their participation does not constitute endorsement of all content. The opinions expressed in this note and other outputs, do not represent the official positions of any government, organisation, country, or member. This initiative is supported by the Bloomberg Ocean Initiative.