The result of applying the BIOFIN approach in Belize is The Biodiversity Finance Plan (BFP) presented here as the fourth output of BIOFIN Phase 1. The Plan proposes a suite of biodiversity finance solutions, which are capable of raising the financial and other resources required to achieve the country’s biodiversity targets in accordance with the activities of the National Biodiversity Strategy
and Action Plan (NBSAP), the long-term development strategy Horizon 2030, and the Sustainable Development Goals (SDGs). Belize acknowledges the urgency of effecting the finance plan given the reality that its economic stability strongly links to the conservation of its biological resources.
PUBLICATIONS
Incentives, Subsidies and Economic Instruments for Biodiversity in the Dominican Republic
Developed under BIOFIN, this study examines how existing economic incentives, subsidies, and financial instruments influence biodiversity and identifies opportunities to better align economic development with nature conservation. The assessment identifies 46 instruments with potential implications for biodiversity, including 15 that present opportunities for improvement or reform, 23 with potentially positive impacts, and eight potential public […]