BIOFIN is a UNDP-managed programme that supports countries with a methodology that provides innovative steps to measure current biodiversity expenditures, assess financial needs, identify the most suitable finance solutions and provides guidance on how to implement these solutions to achieve their national biodiversity target.
The BIOFIN methodology takes shape through three assessments that culminate in a Biodiversity Finance Plan. The steps include:
- The Biodiversity Finance Policy and Institutional Review (PIR) looks into the policy and institutional context for biodiversity finance in the country and establishes which are the key stakeholders to involve.
- The Biodiversity Expenditure Review (BER) is an analysis of public and private expenditures in the country that benefit biodiversity. The assessment establishes past, present and projected expenditures on biodiversity.
- The Financial Needs Assessment (FNA) estimates the finance required to deliver national biodiversity targets and plans, usually described in the NBSAPs.
- The Biodiversity Finance Plan (BFP) identify and prioritises a mix of suitable biodiversity finance solutions to reduce the biodiversity finance gap.
The last component of the BIOFIN process is the implementation phase. The BIOFIN national teams make a selection between the prioritised finance solutions and provide technical support for their implementation.
Company Details
- Employees
- 18
- Founded
- -
- Address
- One United Nations Plaza New York, Ny 10017 Usa,
- Industry
- Environmental Services
- NAICS
-
Environmental Consulting Services
- Website
- biodiversityfinance.org
- Keywords
- New York.
- HQ
- New York, New York
- Competitors
- Finance for Biodiversity, Global Environment Facility, UNDP Sustainable Finance, UN Biodiversity, United Nations Environment Programme Finance Initiative (UNEP FI), Green Climate Fund, UNDP, Finance Resources (FIRE) for Biodiversity, Nature Positive Initiative, Taskforce on Nature-related Financial Disclosures (TNFD).
Biofin - Biodiversity Finance Initiative Questions
Biofin - Biodiversity Finance Initiative's website is biodiversityfinance.org
Biofin - Biodiversity Finance Initiative's LinkedIn profile is https://www.linkedin.com/company/biofin-undp
Biofin - Biodiversity Finance Initiative has
18 employees.
View email and phone details for 18
employees at Biofin - Biodiversity Finance Initiative.
Biofin - Biodiversity Finance Initiative's industry is
Environmental Services
Biofin - Biodiversity Finance Initiative's top competitors are
Finance For Biodiversity,
Global Environment Facility,
Undp Sustainable Finance,
Un Biodiversity,
United Nations Environment Programme Finance Initiative (Unep Fi),
Green Climate Fund,
Undp,
Finance Resources (Fire) For Biodiversity,
Nature Positive Initiative,
Taskforce On Nature-Related Financial Disclosures (Tnfd).
Biofin - Biodiversity Finance Initiative's categories are Environmental Services
Biofin - Biodiversity Finance Initiative's founding year is 2012
