BIOFIN News and Media
The improved implementation of the Mongolian law on payment for the use of natural resources 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 moreEcological Fiscal transfers emerge on the island of Java
March
Bayuni Shantiko [1] and Sopian Hidayat [2] Indonesia’s work on ecological fiscal transfer (EFT) has advanced with the approval of Governor Regulation No. 61/2023, providing guidelines on financial assistance to...Read more
South African Biodiversity Investment Portal has secured its first investments to promote biodiversity conservation and community well-being
March
In 2022, the South African Government, with the support of the UNDP-Biodiversity Finance Initiative (UNDP-BIOFIN), launched the first Biodiversity Investment Portal to match investors with bankable projects to support the...Read more
UNDP-BIOFIN launched a gaming app “Animal town” to support biodiversity conservation
March
Videogames can positively influence how people view the world. Since the very first videogame, Bertie the Brain, was unveiled in 1950, developers have conjured a bewildering array of worlds for...Read more
Participate in shaping global biodiversity expenditure
February
The public consultation on the Global Biodiversity Expenditure Taxonomy (GLOBE) Public consultations play a crucial role in shaping the policies that affect our world. One such initiative is BIOFIN's Global...Read more
Innovative financial solution promotes carbon removal in Cuban forests
February
The approval of the Payment for Environmental Services (PES) for the removal of sustainable forest carbon sets a precedent for Cuba's participation in the carbon bond market, a financing mechanism...Read more
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For media enquiries:
Meruyert Sadvakassova
BIOFIN Communication Analyst
meruyet.sadvakassova@undp.org
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