This policy brief is the result of a study conducted to assess Madagascar’s preparedness for nature-related financial disclosures. Through this study, the Malagasy government, with the support of UNDP-BIOFIN, has clarified the roles of the different financial authorities in nature-related financial disclosure, identified the public bodies best placed to collect information on biodiversity-related financing and risks from companies, and assessed the current state of impact or CSR reporting practices of Malagasy companies. Although the study shows that Madagascar is not very advanced in this area, stakeholders (government, partners, private sector, etc.) are aware of the importance of taking progressive steps towards greater transparency in order to preserve Madagascar’s unique biodiversity.
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 […]
