Thailand Financial Needs Assessment Summary

Thailand FNA
Needs Assessment (FNA)

The purpose of this report is to present the preliminary estimates of financing needs for biodiversity conservation for Thailand.  The results are based on three sources of information namely (i) National Biodiversity Strategic Action Plans (NBSAP) (ii) the budget estimate of MONRE and (iii) BIOFIN Thailand estimates of financing needs for coastal and marine ecosystems. It has been the intention of BIOFIN Thailand that more in-depth estimates for financing needs for terrestrial and inland wetland ecosystems similar to the details for coastal and marine ecosystems. This would, however, require additional time to collaborate with the line agencies responsible for these ecosystems, namely the Department of National Park Wildlife and Plants (DNP), the Royal Forestry Department (RFD) and the Office of Natural Environmental Policy and Planning (ONEP).  It was thus decided that, parallel to the work undertaken on the pilot studies, we will be continuing with the work on costing selected measures for terrestrial and inland wetland ecosystems with the aim that by the end of 2018, we will have clearer ideas of measures required to improve the two ecosystem.  Until these are available and accessible, the estimates in this report should be considered as the lower bound estimates of what will be required.   Moreover the figures on overall financing needs have been revised and slightly differ from the sum reported in the BIOFIN Regional Workshop in Kazakhstan in April and this is due to different time period for cost estimates of coral reefs and seagrass restoration.