Knowledge Base

KNOWLEDGE HUB

Knowledge Hub

Access BIOFIN's library of resources, including flagship publications, country reports, finance solution case studies, webinars, explainer videos, podcasts, and more.

Key Publications

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Insurance can play a crucial role in biodiversity conservation by providing financial protection against risks to natural assets, incentivizing sustainable practices, and securing key investments.

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In 2022, countries adopted new global biodiversity targets under the Kunming-Montreal Global Biodiversity Framework (GBF), revisiting many goals that had gone unachieved or underachieved over the past decade.

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Global Biodiversity Expenditure (GLOBE) is a taxonomy that categorizes all potential public expenditures for biodiversity.

The taxonomy consists of two components:

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The BIOFIN Workbook 2024 provides detailed guidance to design and implement national biodiversity finance plans.  These are not mere plans. They set out a process to engage a coalition of actors around the issue of biodiversity finance for an extended time.

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At the Conference of the Parties to the Convention on Biological Diversity 15 (CBD COP 15) in 2022, countries agreed to review and update their National Biodiversity Strategy and Action Plans

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Well-intentioned subsidies aimed at socio-economic goals can have unintended negative impacts on the environment, including biodiversity. The BIOFIN team has developed a step-by-step guide to repurpose such subsidies and improve their positive impacts on people and nature.

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The Kunming-Montreal Global Biodiversity Framework (GBF) calls for a whole-of-society approach to halting and reversing nature loss.

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The Little Book of Investing in Nature provides an essential overview of the area of biodiversity finance at a time when governments and international negotiators are urgently seeking pragmatic solutions for the twin crises of climate change and the loss of nature.

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Publications

This publication outlines Zambia’s Biodiversity Financial Needs Assessment (FNA), a core component of the BIOFIN methodology, which estimates the financial resources required to achieve national and subnational biodiversity targets under the country’s NBSAP-2. Applying the global BIOFIN methodology, the assessment involved 18 government institutions and statutory bodies in costing all 100 NBSAP-2 activities. The FNA provides a structured overview of biodiversity finance needs aligned with national strategic goals, supporting evidence-based planning and resource mobilization for biodiversity conservation.

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Uganda’s second National Biodiversity Strategy and Action Plan (NBSAP II) concluded that inadequate financial resources for implementing planned activities was one of the key barriers limiting realisation of the country’ biodiversity targets.  The Government set about addressing the financial barrier by developing guidelines and actions for financing biodiversity conservation in Uganda. In 2015, the Government embarked on a definitive process of developing a financial resource mobilisation plan when it joined the Biodiversity Finance Initiative (BIOFIN). BIOFIN was developed in response to the 10th Conference of the Parties (COP-10) of the Convention on Biological Diversity (CBD) which identified the need for better information on current expenditures and financing needs, and for a comprehensive methodology to develop resource mobilization strategies.  At country level, BIOFIN brought together a core group of national stakeholders from the ministries, water for environment (MWE); Tourism, Wildlife and Antiquities (MTWA); Energy and Mineral Development (MEMD); Agriculture, Animal Industry and Fisheries (MAAIF); Local Government (MoLG); and Gender, Labour and Social Development (MoGLSD), the private sector (Private Sector Foundation Uganda-PSFU), and civil society (including the International Union for the Conservation of Nature – IUCN, Environment Conservation Trust (ECOTRUST) Uganda, and Nature Uganda) to implement a road map that led to this National Biodiversity Finance Plan. Uganda’s BIOFIN project produced four outputs, the Biodiversity Policy and Institutional Review (PIR), the Biodiversity Expenditure Review (BER), the Biodiversity Finance Needs Assessment (FNA), and the National Biodiversity Finance Plan (NBFP).  

The Vision for Uganda’s NBFP is “sustainable and innovative financing for biodiversity conservation and management attained by 2027/28”.  The mission of the NBFP is “to mobilise adequate additional financial resources to meet the biodiversity funding gap as well as ensure that funds are used efficiently and effectively to address the biodiversity and ecosystem challenges in biodiversity and ecosystem conservation and management.”  

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The Financial needs Assessment present the detailed costing of the NBSAP (2018-2025). The total cost of the implementation of the NBSAP was estimated at UGBX 2,859.9 billion on average, Uganda required about UGX 472.6 billion for biodiversity conservation and management per fiscal year. Furthermore, about 96.6% of the total cost of implementation of the NBSAP II are to implement the objective 3; these costs are related to the restoration of forests and wetlands. The main drivers of habitat loss in forest and wetlands areas are demand for biomass fuel and land for agricultural production respectively. It should be noted that cost of habitat restoration might not be the best strategies if the root cause of forest and wetland degradation are not addressed. Further analysis revealed that only about 0.5% of the total costs of implementation of the NBSAP are capital development costs while the remaining is for recurrent costs. The high proportion of the recurrent costs are attributed to restoration of forests and fragile ecosystems that are spread out till 2024/25.

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En la búsqueda de alternativas de financiamiento para el manejo de las áreas protegidas el Ministerio del Ambiente consideró el análisis del cobro por el uso de parqueaderos. Este documento expone las recomendaciones brindadas desde BIOFIN a la propuesta.

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