The Biodiversity Finance Initiative (BIOFIN) activity in Thailand was officially approved on 24 October 2014 by UNDP under UNDP-GEF global BIOFIN. Thailand thus becomes part of the UNDP-managed Biodiversity Finance Initiative overseen by UNDP’s global and regional Ecosystems and Biodiversity team.
The key institutions involved in the implementation of BIOFIN in Thailand include (i) BIOFIN Project Board (National Steer-ing Committee) represented by key partners, namely Office of the Prime Minister (OPM), Ministry of Natural Resources and Environment (MONRE), Ministry of Agriculture and Co-operatives (MOAC), Ministry of Science and Technology (MOST) and the Ministry of Public Health (MOPH); (ii) BIOFIN Secretariat Team consisting of (a) the Secretariat to Project Board; (b) NESDB officials; (c) ONEP officials (d) BIOFIN Technical Advisory team and (e) UNDP/BIOFIN Thailand; (iii) BIOFIN Working Group consisting of representatives from key government partners to work closely with the BIOFIN Tech-nical Advisory team; (iv) BIOFIN Technical Advisory team consisting of Environmental Economist and Team Leader, Policy and Institutional Expert and Public Finance Expert; and, finally (v) BIOFIN Project Management Unit housed in the UNDP Country Office for Thailand comprising the Project Coordinator and the Project Assistant, oversight by Inclusive Green Growth and Sustainable Development Unit at UNDP Thailand and Global BIOFIN.