Through the UNDP-led Biodiversity Finance Initiative (BIOFIN), Malawi is strengthening the institutional, technical and financial capacity needed to address its estimated annual biodiversity financing requirement of USD 100 million. The initiative supports government institutions, financial regulators, commercial banks and private-sector actors to identify financing opportunities, diversify revenue streams, improve resource management and integrate nature-related considerations into policies, regulations and financial instruments. By building financial literacy, promoting biodiversity-friendly incentives and mobilising both public and private investment, BIOFIN is helping Malawi develop sustainable solutions to protect ecosystems and close the biodiversity finance gap.
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 […]