EU announces €12 million support for global biodiversity conservation efforts led by UNDP’s Biodiversity Finance Initiative
EU announces €12 million support for global biodiversity conservation efforts led by UNDP’s Biodiversity Finance Initiative
Cali – The European Union (EU) announced a €12 million contribution to support countries to achieve national and global biodiversity targets under the United Nations Development Programme’s Biodiversity Finance Initiative. The EU funding will support the involvement of Indigenous Peoples and Local C...Read more
Finance for Biodiversity Foundation, UNEP FI and UNDP announce pavilion at COP16 Biodiversity Conference
Finance for Biodiversity Foundation, UNEP FI and UNDP announce pavilion at COP16 Biodiversity Conference
The Finance for Biodiversity Foundation, UNEP FI and UNDP announced today their Finance and Biodiversity Pavilion at the UN Biodiversity Conference COP16 to be held in October. To meet a growing interest from the finance sector, the pavilion will serve as a central hub to discuss the alignment of fi...Read more
Photo: Entrepreneurial women from “Bio Warmi,” a business producing natural cosmetics based on medicinal plants, including soaps, shampoos, conditioners, essential oils, and ancestral medicine. Credit: CONAFIPS
Photo: Entrepreneurial women from “Bio Warmi,” a business producing natural cosmetics based on medicinal plants, including soaps, shampoos, conditioners, essential oils, and ancestral medicine. Credit: CONAFIPS
Ecuador is one of the most biodiverse countries in the world, home to an array of species of mammals and birds that are found nowhere else on the planet. The country also faces significant socio-economic challenges, with more than a quarter of its population living in poverty and 10.7% in extreme po...Read more
Recovery of Ecosystem Services of Water Regulation in the province of Ayabaca, Region of Piura, Peru 2023.
Recovery of Ecosystem Services of Water Regulation in the province of Ayabaca, Region of Piura, Peru 2023.
Peru is one of the most biodiverse countries in the world. To preserve its natural heritage, which spans from the Andes to the Amazon rainforest, the country is increasingly investing in nature-positive projects. Public financing mechanisms such as "Invierte.pe" and "Work for Taxes," along with micr...Read more
Group photo, Regional Dialogue on Biodiversity Finance for Latin America and the Caribbean in Argentina
Group photo, Regional Dialogue on Biodiversity Finance for Latin America and the Caribbean in Argentina
Puerto Iguazú, Argentina - 22 August 2024 Experts from across Latin America and the Caribbean have called for decisive action in protecting the region’s biodiversity from the twin global threats of climate change and habitat destruction, which they see as interconnected crises, highlighting how inve...Read more
Photo credit: Department of Wildlife and National Parks of Botswana
Photo credit: Department of Wildlife and National Parks of Botswana
Botswana's updated fees for protected areas have generated US$7.8 million in the first year, significantly exceeding the original forecast of US$1.8 million. The new fee system, introduced in April 2022, was developed in collaboration between the Government of Botswana and BIOFIN. With over 40% of B...Read more
10th EAPAC Regional Dialogue in Georgia, 11-13 June 2024
10th EAPAC Regional Dialogue in Georgia, 11-13 June 2024
Financing biodiversity is crucial for environmental sustainability, human well-being and achieving global development goals. However, there is a significant funding gap for biodiversity, amounting to over US$ 820 billion. Around US$ 950 billion is needed annually to restore and protect ecosystems, b...Read more
Photo: UNDP Kazakhstan. East Kazakhstan region, Belukha Mountain range.
Photo: UNDP Kazakhstan. East Kazakhstan region, Belukha Mountain range.
When the BIOFIN process began in Kazakhstan about ten years ago, it was realized that funding for protected areas was limited. The government wanted to change this with the support of UNDP-BIOFIN. Initially, a clause was included in the 2017 law on protected areas. This clause states that the manage...Read more