The PIR has been completed and is being readied for publishing. The process included a review of the policies, legal instruments and institutional set ups for biodiversity financing. Through the PIR, Botswana has been able to identify the priority sectors of focus for BIOFIN as well as recommendations of some of the finance solutions for consideration. Good policies and strategies are in place to guide the processes, however, weak institutional mechanisms to support implementation, fragmented responsibilities, and resource inadequacies, centralised decision making which also results in the resource burden on the side of government.
PUBLICATIONS
Incentives, Subsidies and Economic Instruments for Biodiversity in the Dominican Republic
Developed under BIOFIN, this study examines how existing economic incentives, subsidies, and financial instruments influence biodiversity and identifies opportunities to better align economic development with nature conservation. The assessment identifies 46 instruments with potential implications for biodiversity, including 15 that present opportunities for improvement or reform, 23 with potentially positive impacts, and eight potential public […]