UNDP BIOFIN hosts workshop on innovative financing for biodiversity conservation in Bhutan

Photo: UNDP Bhutan / Karma Jamtsho. Around 34 key individuals from various relevant stakeholders came together to attend the capacity building workshop.
Photo: UNDP Bhutan / Karma Jamtsho. Around 34 key individuals from various relevant stakeholders came together to attend the capacity building workshop.
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Aiming to bridge the biodiversity financing gap and support sustainable development, the UNDP Biodiversity Finance Initiative (BIOFIN) conducted a one-day capacity-building workshop in Thimphu. The workshop equipped Royal Government of Bhutan (RGoB) officials with innovative financing tools and strategies to advance sustainable biodiversity conservation.

The capacity-building workshop, which covered important topics, was held for a day in Thimphu. Photo: UNDP Bhutan / Karma Jamtsho.

The event brought together key stakeholders, including representatives from the Ministry of Finance, the Department of Tourism, the Department of Forests and Park Services, and the National Biodiversity Center. The workshop emphasized aligning financial solutions with Bhutan’s National Biodiversity Strategies and Action Plans (NBSAP) to promote a biodiversity-positive economy.