This Inception Report presents the results of Inception Phase of the Biodiversity Finance Initiative (BIOFIN) project in Viet Nam. The report summarizes (i) the need for biodiversity financing under the global framework of the United Nations Convention on Biological Diversity (CBD) and the general approach of the global BIOFIN initiative (chapter 1); (ii) the rationale for the BIOFIN project in Viet Nam, summary of its planned activities, implementation arrangements and detailed work plan (chapter 2); (iii) the Inception Workshop, specifically presentations on BIOFIN globally, regional experiences and Viet Nam initiative as well as the technical studies committed - Policy and Institutional Review (PIR), Biodiversity Expenditure Review (BER), and Financial Needs Assessment (FNA) – and initial findings, comments and recommendations on project implementation received (chapter 3).
