Biodiversity Finance

EAPAC Regional Dialogue in Georgia
EAPAC Regional Dialogue in Georgia
Europe and APAC report major gains in public funding for nature, and progress in Fintech and Gaming solutions, at the BIOFIN Regional Dialogue 2024
This year’s BIOFIN regional dialogue for Europe, Asia and the Pacific (EAPAC) was an inspired three days of exchanges on sustainable finance for biodiversity, with teams reporting breakthroughs in public funding for protected areas, and new financing streams such as fintech and gaming solutions gain...Read more
10th EAPAC Regional Dialogue in Georgia, 11-13 June 2024
10th EAPAC Regional Dialogue in Georgia, 11-13 June 2024
10th EAPAC Regional Dialogue in Georgia: Bridging the Biodiversity Funding Gap
Financing biodiversity is crucial for environmental sustainability, human well-being and achieving global development goals. However, there is a significant funding gap for biodiversity, amounting to over US$ 820 billion. Around US$ 950 billion is needed annually to restore and protect ecosystems, b...Read more
Photo: UNDP Kazakhstan. East Kazakhstan region, Belukha Mountain range.
Photo: UNDP Kazakhstan. East Kazakhstan region, Belukha Mountain range.
Kazakhstan Triples Protected Area Budget, Advancing Biodiversity Goals
When the BIOFIN process began in Kazakhstan about ten years ago, it was realized that funding for protected areas was limited. The government wanted to change this with the support of UNDP-BIOFIN. Initially, a clause was included in the 2017 law on protected areas. This clause states that the manage...Read more
Biodiversity is under acute threat in Mongolia, a country with vast landscapes and diverse ecosystems harboring unique flora and fauna.
Biodiversity is under acute threat in Mongolia, a country with vast landscapes and diverse ecosystems harboring unique flora and fauna.
The improved implementation of the Mongolian law on natural resources use payment has tripled the country's environmental expenditure
The UNDP Biodiversity Finance Initiative (BIOFIN) has supported Mongolia in improving the effectiveness of a law on natural resource user fees. This led to an increase in the budget for environmental protection including biodiversity conservation. In 2023, revenues from the Natural Resource Use Paym...Read more