BIOFIN News and Media

EU announces €12 million support for global biodiversity conservation efforts led by UNDP’s Biodiversity Finance Initiative

October

Cali – The European Union (EU) announced a €12 million contribution to support countries to achieve national and global biodiversity targets under the United Nations Development Programme’s Biodiversity Finance Initiative. ...

Nurturing Rwanda’s Biodiversity for a Sustainable Future

November

In Rwanda, biodiversity plays a significant role in supporting sustainable development, contributing to thriving communities, ecosystem services, and tourism revenues. Recognizing this, the United Nations Development Programme (UNDP) works closely...Read more

BIOFIN and UNDP's IRFF Recognize Two Insurance Solutions Focused on Agricultural Sustainability and Nature Protection

November

Mexico City, November 19, 2024 - The Insurance and Risk Finance Facility (IRFF) and the Biodiversity Finance Initiative (BIOFIN) of the United Nations Development Programme (UNDP) in Mexico hosted the...Read more

Thailand engages the private sector in investing in climate and nature

November

Recently, the world has raised USD 45 billion per year from the private sector, while 73 public and partially public climate funds are in place. However, these efforts are insufficient,...Read more

A COP16 side event focused on nature-based financial disclosures

Driving Action on Target 15: Leveraging the Power of Nature-Related Financial Disclosures

October

22 October 2024, Cali, Colombia – The closed government briefing “Moving to Action on Target 15: Leveraging the Recommendations of the TNFD",” organized by the Taskforce on Nature-related Financial Disclosures...Read more

UNDP launches new guidance for countries to finance ambitious biodiversity goals, repurposing harmful subsidies

October

BIOFIN methodology has seen over $1Bn catalyzed so far across 40 countries in finance solutions that span solutions from crowdfunding to green bonds. 22 October 2024, Cali, Colombia - Countries...Read more