Diverting more finance towards global and national biodiversity goals

The Biodiversity Finance Initiative (BIOFIN) methodology takes shape through three assessments that culminate in a Biodiversity Finance Plan. The Biodiversity Finance Policy and Institutional Review looks into the policy and institutional context for biodiversity finance in the country and establishes key stakeholders. The Biodiversity Expenditure Review is an analysis of public and private expenditures in the country that benefit biodiversity, establishing past, present and projected expenditures on biodiversity. The Financial Needs Assessment estimates the finance required to deliver national biodiversity targets and plans. The Biodiversity Finance Plan identifies and prioritises a mix of suitable biodiversity finance solutions to reduce the biodiversity finance gap.

Author

Enablers: 

Financing

English
Enablers

Themes: 

Integration Tools - Assessing SDG Progress and Alignment

Function: 

Guidelines and diagnostics