Based on detailed assessments done in consultation with technical experts, the annual average financial requirement for implementing the National Biodiversity Action Plan (NBAP) is estimated to be nearly USD 16.5 billion (2017-18 to 2021-22). Annual average gap in available public resources for implementing the NBAP is estimated to be nearly USD 6.5 billion for the period of 2017-18 to 2021-22. Based on the FNA and BER exercises, some of the priority areas for enhancing biodiversity finance include: Strengthening and Integration of In-Situ Conservation, Regulation of Invasive Alien Species Introduction and their Management, Development and Integration of Biodiversity Database, Valuation of Goods and Services provided by Biodiversity and Use of Economic Instruments and Decision-making processes & International Cooperation.
PUBLICATIONS
Ecosystem Accounting in Armenia: Setting the Scene
Armenia has begun developing a national accounting system aligned with the UN System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA EA), starting with water accounting. The Governmental Decision on the classification of land cover in RA (2019) initiated the first step toward ecosystem accounting by establishing extent accounts for land-cover classes. To support this move […]