The Biodiversity Finance Plan (BFP) summarizes all findings from the national biodiversity finance review process guided by the BIOFIN approach. It attempts to present a coherent and comprehensive national approach to biodiversity finance that encompasses a full suite of finance solutions, well beyond the mobilization of new and additional resources, engaging the public sector, private sector, and civil society. The goal is to produce a nationally validated Biodiversity Finance Plan that proposes steps to implement a mix of finance solutions to expand and improve the country’s biodiversity finance and achieve national biodiversity targets. The BFP offers a comprehensive array of financial solutions and implementation strategies aimed at assisting the Government in urgently addressing the US$60 million biodiversity financing gap identified by the BIOFIN research in Uzbekistan. If fully implemented under the best-case scenario, the proposed BFP has the potential to mobilize up to $3,6 billion by 2034, making a significant contribution to the achievement of national biodiversity conservation objectives.
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 […]
