Indonesia

Closing the biodiversity finance gap will require private capital on a scale. Across more than 130 countries, UNDP’s Biodiversity Finance Initiative (UNDP BIOIFN) is supporting countries to tap innovative private finance for nature. The world needs US$700 billion every year to halt and reverse biodi...Read more

A New Market for Nature The race to protect our planet’s remaining natural ecosystems is more urgent than ever. Forests are disappearing, coral reefs are under stress, and wildlife populations are plummeting. In response, over 190 countries adopted the Kunming-Montreal Global Biodiversity Framework...Read more

N. Nirannoot, A. Abdelmaksoud, S. Barrameda, R. Pant, A. Plantilla, B. Shantiko, R. Wijethunga, and Y. Wei Yan Phetchaburi province, located 120 km south of Bangkok, is celebrated as Thailand's "capital of birdwatching." This vibrant region boasts rich biodiversity and diverse ecosystems, including...Read more

Prepared by Bayuni Shantiko, Programme Manager, BIOFIN Indonesia and Sopian Hidayat, Analyst/Economist, BIOFIN Indonesia Since biodiversity - unlike agriculture or fisheries - is not an economic sector, the only way to track spending on national targets is to identify which major expenditures have a...Read more

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 municipal governments. This regulation was approved by the Central Java governor in Decem...Read more