We suggest to your attention the Biodiversity Finance Plan of the Kyrgyz Republic summariz-ing the results of the first phase of the UNDP BIOFIN project. This project laid the groundwork for the pub-lic discussions on environmental finance issues: fi-nanciers and environmentalists reached an under-standing and began to use the same language. For many years it has been recognized that one of the causes of environmental degradation is the lack of funding for environmental protection measures. Thanks to the platform organized by the BIOFIN pro-ject, the Ministry of Finance of the Kyrgyz Republic for the first time acts as a leading body in integrating environmental issues and biodiversity conservation into budget planning and resource mobilization.
