Biodiversity Finance

The Nature of Subsidies

25 Jan 2024

Launch of the Nature of Subsidies: A step-by-step guide to repurpose subsidies harmful to biodiversity and improve their impacts on people and nature.

The release of the guideline "The Nature of Subsidies: A step-by-step guide to repurpose subsidies harmful to biodiversity and improve their impacts on people and nature" by the Biodiversity Finance Initiative (BIOFIN) of the United Nations Development Programme (UNDP) marks a pivotal moment in the...Read more

Bird Conservation and Awareness project conducted by Gileemale Walawwa & Estate in collaboration with Global Birding Organization UK

17 Jan 2024

Small and Medium Scale Entrepreneurs in Sri Lanka’s Tourism Sector embrace sustainability

The island of Sri Lanka sparks the imagination with its beautiful nature, beaches and famous tea. Small and medium enterprises play a vital role in the country’s economy, contributing more than 50% of the GDP. Around 75% of these enterprises are in the tourism branch. These include hotels and homest...Read more

Egypt

9 Jan 2024

Financing the right fossils – lessons from Egypt’s debt swap investments in the Valley of the Whales

A few hours’ drive from Cairo a natural treasure awaits - outdating anything from the age of the Pharaohs. Wadi-al-hitan (the Valley of the Whales) showcases ancient skeletons found in the desert from an ancestor of modern-day whales. They remain from a time when this stretch of desert was actually...Read more

Photo: Unsplash/Tan Nguyen

7 Dec 2023

Sustainable finance for communities participating in co-management for the conservation of aquatic resources

Nha Trang, December 7, 2023 - The United Nations Development Program (UNDP) and the Binh Thuan Fisheries Association jointly organized a workshop on "Sustainable finance for communities participating in co-management for the conservation of aquatic resources." Given current undertakings of co-manage...Read more

First Zambia company

5 Dec 2023

Footprints of the Biodiversity Finance Initiative (BIOFIN) in Zambia’s Maiden Green Bond Issuance: A Win for Greening Zambia’s Financial Sector

In a historic move that was made public today at COP28 in Dubai, the Copperbelt Energy Corporation Plc (CEC) has announced the registration of Zambia's inaugural green bond issuance. This ground-breaking US$200 million bond programme has already obtained express approval from the Securities and Exch...Read more