Philippines

Closing the biodiversity finance gap will require private capital on a scale. Across more than 130 countries, UNDP’s Biodiversity Finance Initiative (UNDP BIOIFN) is supporting countries to tap innovative private finance for nature. The world needs US$700 billion every year to halt and reverse biodi...Read more

Achieving global goals to protect nature requires financial resources. Parties to the Convention agreed to mobilize up to $200 billion a year globally - the sum for Target 19 of the Global Biodiversity Framework. The work is already underway. Since 2018, UNDP’s Biodiversity Finance Initiative (BIOFI...Read more

Since 1900, the Philippines has lost nearly two-thirds of its forests, shrinking its forest cover from 21 million hectares to just seven million in the 2010s. Despite existing illegal logging bans, the Philippines loses an estimated 52,000 trees daily due to deforestation, land conversion, and agric...Read more

By Dr. Selva Ramachandran, UNDP Philippines Resident Representative Local government units play a pivotal role in safeguarding the country’s natural wealth for future generations. They are at the forefront of building resilient and sustainable communities in the face of rapid urbanization, climate c...Read more

A New Market for Nature The race to protect our planet’s remaining natural ecosystems is more urgent than ever. Forests are disappearing, coral reefs are under stress, and wildlife populations are plummeting. In response, over 190 countries adopted the Kunming-Montreal Global Biodiversity Framework...Read more