BIOFIN Philippines

Biodiversity-related expenditures in the 2024 Philippines General Appropriations Act (GAA) reached approximately PhP 11.77 billion, while 134 programs, projects, and activities (PPAs) in the Public Investment Program (PIP) demonstrated direct or indirect biodiversity benefits. The latest Biodiversity Expenditure Review (BER) generated these findings through an analysis of national and local government budgets, Official Development Assistance (ODA), and PIP allocations […]

PUBLICATIONS

Sustaining Food and Nature: Biodiversity-Friendly Agricultural Practices

Agricultural practices in ecologically sensitive hilly and upland areas of the Philippines can generate unintended harmful environmental footprints that adversely affect biodiversity and ecosystem resilience, highlighting the urgent need to adopt more sustainable and biodiversity friendly agricultural practices (BDFAPs), the assessment found. Drawing on stakeholder consultations and desk studies conducted under the Biodiversity Finance Initiative […]

PUBLICATIONS

Why Nature Matters: Economic Values of Philippine Resources

The Philippines’ biodiversity and ecosystems make significant contributions to nation building and human well being, with forests, coastal and marine areas, caves, agricultural landscapes, and urban ecosystems generating substantial economic and social benefits. Based on updated valuation studies conducted under the Biodiversity Finance Initiative (BIOFIN) in 2021, the study presents estimates of the economic value of […]

PUBLICATIONS

BIOFIN 2025 Project Brief

Biodiversity Finance Initiative (BIOFIN) Project Overview The Biodiversity Finance Initiative (BIOFIN) is a global partnership managed by United Nations Development Programme (UNDP) that supports countries in developing sustainable finance solutions for biodiversity conservation and management. In the Philippines, BIOFIN is implemented by the Biodiversity Management Bureau of the Department of Environment and Natural Resources (BMB-DENR) […]