Description

The financing of biodiversity conservation is a key issue in the implementation of the Convention on Biological Diversity (CBD). Most countries lack reliable information on the actual costs that are needed to effectively implement their biodiversity strategies, nor do they know where the necessary funds can be sourced and how they can be used to implement their strategies. The BIOFIN initiative, meanwhile active in over 40 countries, is a global partnership that supports its partner countries by addressing these knowledge gaps. Financing solutions are being developed and implemented in a second step. BIOFIN II (extended) focuses on 1.) The implementation of biodiversity finance plans, 2.) Protected area finance, 3.) Development of innovative finance Solutions and 4.) Knowledge sharing..