Biodiversity Finance

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
GLOBE Workshop organized in Bangkok, Thailand by UNDP BIOFIN and ONEP.
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
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. The aim was to gather insights from experts on biodiversity attribution ra...Read more