On Wednesday 17 and Thursday 18 July 2024, the United Nations Development Programme (UNDP) in Niger, with financial support from the Kingdom of Belgium, organized a workshop with the overall aim of validating the provisional report of the Biodiversity Funding Needs Assessment (BFI) and launching the...Read more
Biodiversity Finance
Antananarivo, 24 July 2024 - Madagascar, with its unique biodiversity representing around 5% of the world's biodiversity, has taken a crucial step towards the sustainable management of its natural resources. On 24 July 2024, in Antananarivo, a workshop was held to launch the "Assessment of Madagasca...Read more
This year’s BIOFIN regional dialogue for Europe, Asia and the Pacific (EAPAC) was an inspired three days of exchanges on sustainable finance for biodiversity, with teams reporting breakthroughs in public funding for protected areas, and new financing streams such as fintech and gaming solutions gain...Read more
Financing biodiversity is crucial for environmental sustainability, human well-being and achieving global development goals. However, there is a significant funding gap for biodiversity, amounting to over US$ 820 billion. Around US$ 950 billion is needed annually to restore and protect ecosystems, b...Read more
Prepared by Bayuni Shantiko, Programme Manager, BIOFIN Indonesia and Sopian Hidayat, Analyst/Economist, BIOFIN Indonesia Since biodiversity - unlike agriculture or fisheries - is not an economic sector, the only way to track spending on national targets is to identify which major expenditures have a...Read more