An informative poster from BIOFIN Chile outlining Biodiversity Finance and proposals for strengthening finance for conservation in the country.

The overall objective of this Policy Brief is to review the significant contribution

of Thailand’s biodiversity resources to the country’s economic growth, economic

well-being and to the livelihood of the people of Thailand. In so doing, this

Policy Brief aims to provide impetus to the on-going effort to strengthen the

institutional and legal framework and to mobilize further resources to the

conservation and sustainable use of biodiversity resources in the country.

A detailed poster featuring information about biodiversity and ecosystems services in Chile

Taking off from the key findings of the Policy and Institutional Review of the BIOFIN Method, this

PPBER revisits and expands the institutional profile of public sector agencies that contribute to

PBSAP implementation and/or marked as contributing to the 20 Aichi targets. Using time series data

across all agencies, budget data was collected and tagged using a Biodiversity Relevance Factor

(BRF), developed specifically by BIOFIN Philippines. This BRF is an index that emerged from the

costing of the NBSAP with a relational tagging to the Aichi targets.

Una respuesta innovadora

Ante la situación actual de la biodiversidad se hace necesario brindar una respuesta que esté a la altura del desafío que implica revertir su deterioro y lograr un cambio sustancial para bien. Para esto se creó una estrategia innovadora, con un plan de acción que operacionaliza la Política Nacional de Biodiversidad 2015-2030 y permite un monitoreo frecuente para dar seguimiento a su avance

This Report provides a compilation and synthesis of available information on resource/ecosystem valuation in the Philippines as part of BIOFIN’s attempt to make a case in financing biodiversity conservation in the Philippine. It is hoped that government and various stakeholders can gain better appreciation and understanding of the breadth and value of the diversity of our ecosystems, and sustain - even increase, the current efforts and funding for the management and conservation of the environment for future generations.

In Bhutan, efforts are underway to combine processes to develop an integrated financing strategy to ensure a pro-poor sustainable financing of environment, biodiversity and climate change. The proposed integrated financing framework encompasses an analysis of current policies, institutions and processes; building partnerships among sectors; and a common green resource mobilization plan. A combined methodology integrating processes of Climate Finance and BIOFIN has been proposed based on the stepwise approach that countries can adapt.

BIOFIN Mexico is an intersectoral initiative focusing on analyzing public policies, stakeholders, and expenditures that impact biodiversity. The initiative is identifying opportunities for additional resource mobilization to increase investments towards biodiversity and ecosystem services, which are key for economic and social wellbeing. The initiative is implemented by the BIOFIN National Team in coordination with the Ministry of Environment and Natural Resources, the Ministry of Finance and Public Credit, the National Institute of Statistics and Geography, the National Commission of Knowledge and Use of Biodiversity, the National Commission for Protected Areas, and the National Forestry Commission.

The Biodiversity Finance Initiative (BIOFIN) activity in Thailand was officially approved on 24 October 2014 by UNDP under UNDP-GEF global BIOFIN. Thailand thus becomes part of the UNDP-managed Biodiversity Finance Initiative overseen by UNDP’s global and regional Ecosystems and Biodiversity team.   

The key institutions involved in the implementation of BIOFIN in Thailand include (i) BIOFIN Project Board (National Steer-ing Committee) represented by key partners, namely Office of the Prime Minister (OPM), Ministry of Natural Resources and Environment (MONRE), Ministry of Agriculture and Co-operatives (MOAC), Ministry of Science and Technology (MOST) and the Ministry of Public Health (MOPH); (ii) BIOFIN Secretariat Team consisting of (a) the Secretariat to Project Board; (b) NESDB officials; (c) ONEP officials (d) BIOFIN Technical Advisory team and (e) UNDP/BIOFIN Thailand; (iii) BIOFIN Working Group consisting of representatives from key government partners to work closely with the BIOFIN Tech-nical Advisory team; (iv) BIOFIN Technical Advisory team consisting of Environmental Economist and Team Leader, Policy and Institutional Expert and Public Finance Expert; and, finally (v) BIOFIN Project Management Unit housed in the UNDP Country Office for Thailand comprising the Project Coordinator and the Project Assistant, oversight by Inclusive Green Growth and Sustainable Development Unit at UNDP Thailand and Global BIOFIN.