BIOFIN News and Media

10th EAPAC Regional Dialogue in Georgia: Bridging the Biodiversity Funding Gap

June

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...

Indonesia identifies and tracks biodiversity spending of US$600 million a year through improved tracking system

June

Prepared by Bayuni Shantiko, Programme Manager, BIOFIN Indonesia and Sopian Hidayat, Analyst/Economist, BIOFIN Indonesia Since biodiversity - unlike agriculture or fisheries - is not an economic sector, the only way...Read more

Photo: UNDP Kazakhstan. East Kazakhstan region, Belukha Mountain range.

Kazakhstan Triples Protected Area Budget, Advancing Biodiversity Goals

May

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...Read more

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

May

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...Read more

GLOBE Workshop organized in Bangkok, Thailand by UNDP BIOFIN and ONEP.

From the nature crisis to nature recovery: insights from the Global Biodiversity Expenditure Taxonomy Workshop in Thailand

May

Niran Nirannoot, BIOFIN Manager, Thailand, and Annabelle Trinidad, Senior Technical Advisor of Global BIOFIN BIOFIN Thailand organized the Global Biodiversity Expenditure Taxonomy workshop on 14 May 2024 in Bangkok, Thailand....Read more

Repurposing agricultural subsidies for the benefit of farmers and nature

April

Excerpts from the presentation by Dr. Ashok Gulati at the 10 th BIOFIN East Asia Pacific Regional Dialogue Transcribed and prepared by Abbie Trinidad, Senior Technical Advisor, UNDP BIOFIN Global...Read more