Blog IICA

Biodiversity Financing Initiative (BIOFIN)

Start Date: 25/03/2015
End Date: 31/12/2030

Description

The Biodiversity Finance Initiative (BIOFIN) is a global partnership that comprehensively addresses the challenge of financing biodiversity-related actions. It aims to help governments build a strong case for increased investment in the conservation, sustainable use and equitable sharing of benefits from ecosystems and biodiversity, with a particular focus on identifying and meeting the funding needs of the National Biodiversity Strategy and Action Plan.

Observations

Lines of action - Review of the Biodiversity Financing Context. - Analysis of the costs of the National Biodiversity Strategy. - Preparation of a Financing Plan. - Implementation of at least one financing strategy.

Action scope

No especificado

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

No especificado

Number of Years

15 - Year -s

Related elements

Budget in USD

Budget in USD
$530,000,000.00
Counterpart Budget
$0.00
Total Budget
$530,000,000.00
Annual Average Budget
$35,333,333.00
Financing Sources Financing Types
EU: European Union Development aid

Institutions

Institutions Institutions rols
DNP: Departamento Nacional de Planeación de Colombia Planning

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