Finance Solutions

Photo credit: UNDP Thailand. Tourists paying a user fee of $0.60 to visit Koh Tao Island. The funds are used for coral reef restoration and waste management.
Photo credit: UNDP Thailand. Tourists paying a user fee of $0.60 to visit Koh Tao Island. The funds are used for coral reef restoration and waste management.
Koh Tao: A Model for Sustainable Tourism and Coral Reef Conservation
Koh Tao, also known as Thailand's Turtle Island, is one of Southeast Asia's most unique and attractive tourist destinations. Its rich biodiversity, crystal-clear waters, jungle habitats, and famous coral reefs draw between 300,000 to 500,000 tourists annually. Many come to enjoy the island’s world-r...Read more
Second Innovation Challenge in Colombia: Biodiversity and Insurance
Second Innovation Challenge in Colombia: Biodiversity and Insurance
Second Innovation Challenge in Colombia: Biodiversity and Insurance
Investments in biodiversity aim to protect and restore nature through various strategies and projects. However, these investments face risks that can impact their success or deter potential investors. To address this, tools are needed to manage risks and mitigate losses in the event of adverse outco...Read more
Photo credit: Department of Wildlife and National Parks of Botswana
Photo credit: Department of Wildlife and National Parks of Botswana
Botswana’s new protected area fees generate US$ 7.8 million, more than projected
Botswana's updated fees for protected areas have generated US$7.8 million in the first year, significantly exceeding the original forecast of US$1.8 million. The new fee system, introduced in April 2022, was developed in collaboration between the Government of Botswana and BIOFIN. With over 40% of B...Read more