Yerevan Pathway

About Yerevan Pathway

• The Yerevan Pathway is  an action roadmap and negotiated response adopted on October 31, 2026, at the conclusion of the UN Biodiversity Conference (COP17) in Yerevan, Armenia.
• It is a response to the first global review of collective progress under the Kunming-Montreal Global Biodiversity Framework (KMGBF).
• It identifies priorities for action through 2030 to protect nature. 
• Identified Key areas: It identifies key areas requiring accelerated action that includes:
  • Reforming subsidies and incentives harmful to nature.
  • Increasing financial, scientific and technological support for developing countries.
  • Aligning national budgets and economic decisions with biodiversity goals
  • Strengthening implementation, monitoring, reporting and review mechanisms
• Sevan Guidelines: Parties agreed on the rules of operation for the new permanent subsidiary body on Article 8(j), officially named the Sevan Guidelines.
  • It gives indigenous Peoples and local communities a seat at the table in CBD decision-making and aims to strengthen their participation in global biodiversity policymaking.
• Other Key Outcomes of the CBD COP-17:
  • New Biodiversity Funding Pledges: Nearly US$2 billion in new biodiversity funding was announced through various initiatives, including:
    • US$560 million under the GEF-9 replenishment and its Global Biodiversity Framework Fund.
    • US$500 million through the Species Recovery Alliance.
    • Over US$330 million through the Value Nature Fund to mobilise private capital for nature.
    • A biodiversity bond and investment incubator launched by the Asian Development Bank.
  • Four Armenian COP 17 Presidency Initiatives were launched, addressing technology for biodiversity monitoring, Reform of harmful incentives; Mountain and freshwater ecosystems and other Effective Area-Based Conservation Measures (OECMs).