UNDP Biodiversity Finance Initiative
2024
2024
Workbook
Finance for Nature
A condensed, chapter-by-chapter guide to the BIOFIN methodology — the five steps countries follow to design and deliver a national Biodiversity Finance Plan.
Contents
Seven chapters covering the full BIOFIN process, from launching a national programme to implementing finance solutions.
- Chapter 1: Introduction to Biodiversity Finance
- Chapter 2: Launching BIOFIN at the Country Level
- Chapter 3: The Policy and Institutional Review (PIR)
- Chapter 4: The Biodiversity Expenditure Review (BER)
- Chapter 5: The Financial Needs Assessment (FNA)
- Chapter 6: The Biodiversity Finance Plan (BFP)
- Chapter 7: Implementation of the Biodiversity Finance Plan
Why biodiversity finance matters
Over half of global GDP is moderately or highly dependent on nature, yet nature remains largely invisible in economic decision-making. These are the numbers that frame the BIOFIN methodology.
US$44tn
Of global GDP — over half — is moderately or highly dependent on nature.
US$700bn
The estimated annual biodiversity finance gap, roughly seven times current investment.
130+
Countries implementing or developing a Biodiversity Finance Plan.
US$2.7bn
Catalyzed for nature globally by BIOFIN countries to date.









