Guinea
Guinea is home to rich and diverse ecosystems, including forests, savannahs, wetlands, freshwater and coastal and marine ecosystems. This natural capital supports livelihoods, food and water security, climate resilience and the country’s long-term sustainable development. However, available finance remains insufficient to meet the needs for conserving, restoring and sustainably managing biodiversity and ecosystems.
UNDP BIOFIN is supporting Guinea to strengthen its approach to biodiversity finance and develop the country’s first Biodiversity Finance Plan. The process brings together public institutions, the private and financial sectors, civil society and development partners to improve understanding of existing financial flows and identify opportunities to strengthen and mobilize finance for national biodiversity priorities.
Guinea has begun its core biodiversity finance assessments, including the Policy and Institutional Review, Biodiversity Expenditure Review and Finance Needs Assessment. Governance arrangements are being established, analytical tools have been validated, and data collection has begun across public institutions, the private and banking sectors, civil society and UNDP.
The findings will provide the evidence base for Guinea’s Biodiversity Finance Plan, including an assessment of biodiversity financing needs and gaps and the identification and prioritization of practical finance solutions. The Plan will support stronger coordination and more effective mobilization and use of resources for biodiversity, in line with national priorities and the Kunming–Montreal Global Biodiversity Framework.
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Finance solutions
At this stage, no financing solution has yet been formally validated. However, preliminary work has identified several promising avenues: blue bonds for the valuation of mangrove blue carbon; eco-industrial concessions and agroforestry; strategic realignment of sectoral policies; budgetary tracking of biodiversity and green finance engineering; agro-biodiversity venture capital funds; a green microfinance facility; and payments for cultural ecosystem services. These solutions are at the idea or design stage and will need to be analyzed, prioritized, and validated with national stakeholders before being integrated into the Biodiversity Framework.
Key results
Establishing National Governance for Biodiversity Finance
Following the launch of UNDP BIOFIN in Guinea in July 2025, a Steering Committee was convened to provide strategic guidance and strengthen coordination among institutions involved in biodiversity finance. Work has also advanced on establishing a Technical Committee to support implementation of the BIOFIN process.
Advancing the Policy and Institutional Review
The tools for Guinea’s Policy and Institutional Review (PIR) were developed, discussed and validated in December 2025, providing the framework for assessing the policies, institutions and financing mechanisms that influence biodiversity.
Building a Cross-Sector Biodiversity Finance Evidence Base
Data collection for the PIR has covered 26 public institutions, alongside the private sector, the Central Bank, civil society, CNOP-G and UNDP. This broad evidence base will help identify institutional and policy opportunities for strengthening biodiversity finance.
Producing the First Analytical Outputs
The first two PIR deliverables have been prepared in draft form and submitted for technical review, marking an important step towards completing Guinea’s first core biodiversity finance assessment.