active · Climate
The Biodiversity Finance Initiative – Phase II (BIOFIN Nepal)
The Biodiversity Finance Initiative – BIOFIN – is a global programme that developed, piloted, and is continuously improving a methodology to measure existing biodiversity expenditure levels, assess future financial needs, and design comprehensive plans to use finance tools and solutions that increase financing, effectiveness and efficiency of biodiversity management in up to 132 countries. BIOFIN’s first phase (2012-2018) enabled full assessments and initial implementation of finance plan elements in target countries. Significant scaling up of finance solutions is required in all countries to address the biodiversity finance challenge.BIOFIN’s second phase enables up to 132 countries to complete the design and implementation of priority finance solutions and allowed a further 11 countries to undertake the assessments and create the finance plan. At the central level, knowledge management platforms will be expanded and additional guidance produced for most valuable finance solutions.The project aims to achieve the above-mentioned objectives through the following pathways and results:• Output 1: Effective advocacy and partnership strategy informs biodiversity finance practices• Output 2: Knowledge management infrastructure in place to generate and share knowledge on biodiversity finance that capacitate practitioners and decision makers• Output 3: Enhanced data and market intelligence database and index for biodiversity finance practitioners• Output 4: Prioritised biodiversity finance solutions create improved institutional and market frameworks to sustainably manage biodiversity at the national level• Output 5: BIOFIN process implemented at the national level in additional new countries• Output 6: Technical capacities for biodiversity finance assessment and planning process strengthened(non BIOFIN countries)
Overview
About this project
The Biodiversity Finance Initiative – BIOFIN – is a global programme that developed, piloted, and is continuously improving a methodology to measure existing biodiversity expenditure levels, assess future financial needs, and design comprehensive plans to use finance tools and solutions that increase financing, effectiveness and efficiency of biodiversity management in up to 132 countries. BIOFIN’s first phase (2012-2018) enabled full assessments and initial implementation of finance plan elements in target countries. Significant scaling up of finance solutions is required in all countries to address the biodiversity finance challenge.BIOFIN’s second phase enables up to 132 countries to complete the design and implementation of priority finance solutions and allowed a further 11 countries to undertake the assessments and create the finance plan. At the central level, knowledge management platforms will be expanded and additional guidance produced for most valuable finance solutions.The project aims to achieve the above-mentioned objectives through the following pathways and results:• Output 1: Effective advocacy and partnership strategy informs biodiversity finance practices• Output 2: Knowledge management infrastructure in place to generate and share knowledge on biodiversity finance that capacitate practitioners and decision makers• Output 3: Enhanced data and market intelligence database and index for biodiversity finance practitioners• Output 4: Prioritised biodiversity finance solutions create improved institutional and market frameworks to sustainably manage biodiversity at the national level• Output 5: BIOFIN process implemented at the national level in additional new countries• Output 6: Technical capacities for biodiversity finance assessment and planning process strengthened(non BIOFIN countries)
Progress
0%- Plan
- Implementation
- Outcomes
Alignment