The Biodiversity Finance Initiative (BIOFIN)

1. The Biodiversity Finance Initiative (BIOFIN) • Mobilising Resources for Biodiversity and Sustainable Development • Yves de Soye, BIOFIN Manager, UNDP, 16 October 2014

2. BIOFIN – Overview & Objectives • Conceived in response to CBD COP-10 (SP 2011-2020 & SRM)

3. BIOFIN – Overview & Objectives • Conceived in response to CBD COP-10 (SP 2011-2020 & SRM) • US$ 15m from EU, Germany and Switzerland (+ US$ 3m GEF co-finance). 2013 - 2015/2016.

4. BIOFIN – Overview & Objectives • Conceived in response to CBD COP-10 (SP 2011-2020 & SRM) • US$ 15m from EU, Germany and Switzerland (+ US$ 3m GEF co-finance). 2013 - 2015/2016. • Overarching objectives : • Supports compliance with CBD reporting requirements

5. BIOFIN – Overview & Objectives • Conceived in response to CBD COP-10 (SP 2011-2020 & SRM) • US$ 15m from EU, Germany and Switzerland (+ US$ 3m GEF co-finance). 2013 - 2015/2016. • Overarching objectives : • Supports compliance with CBD reporting requirements • Transform national-level enabling environment for countries to better develop and access domestic and international biodiversity finance

6. BIOFIN – Overview & Objectives • Conceived in response to CBD COP-10 (SP 2011-2020 & SRM) • US$ 15m from EU, Germany and Switzerland (+ US$ 3m GEF co-finance). 2013 - 2015/2016. • Overarching objectives : • Supports compliance with CBD reporting requirements • Transform national-level enabling environment for countries to better develop and access domestic and international biodiversity finance • Builds on and retro-feeds with NBSAPs

7. BIOFIN – Scope • Two Main Axes of Work: • 1. Global • 2. National

8. BIOFIN – Axis 1: Global Work Develop & Peer Review Assessment Methodologies • Get your copy on USB or www COP-13 COP-12 2013 2014 2015 2016

9. BIOFIN – Axis 1: Global Work Develop & Peer Review Assessment Methodologies • Get your copy on USB or www COP-13 COP-12 2013 2014 2015 2016

10. BIOFIN – Axis 1: Global Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies COP-13 COP-12 2013 2014 2015 2016

11. BIOFIN – Scope • Two Main Axes of Work: • 1. Global • 2. National

12. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies • Pilot in 19 core countries (Oct 2014, 1 tbd) • National budgets: $468,000 (17x) to $832,000 • Global outreach e.g. through UNDP-BIOFIN / CBD Resource Mobilisation Workshops Kazakhstan Mexico Thailand Philippines Guatemala Uganda Costa Rica Colombia Malaysia Ecuador Seychelles Zambia Indonesia Fiji Peru Botswana South Africa Chile BIOFIN Countries (19) COP-13 COP-12 2013 2014 2015 2016

13. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies • Objective: mainstream BD into development & • sectoral planning; reduce drivers & costs; identify weaknesses for biodiversity finance generation Policy & Institutional Review COP-13 COP-12 2013 2014 2015 2016

14. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Policy & Institutional Review Expenditure Review Objective: National-level (bottom-up) assessment of baseline investment COP-13 COP-12 2013 2014 2015 2016

15. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Policy & Institutional Review Activity- Based Costing of NBSAP Expenditure Review Finance Needs & Gap Assessment Objective: determine investment needed to achieve national biodiversity targets COP-13 COP-12 2013 2014 2015 2016

16. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Policy & Institutional Review Confidentiality over sovereign data where requested Expenditure Review Finance Needs & Gap Assessment COP-13 COP-12 2013 2014 2015 2016

17. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Policy & Institutional Review Expenditure Review Finance Needs & Gap Assessment Resource Mobilisation Strategy & Synthesis Recommendations COP-13 COP-12 2013 2014 2015 2016

18. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Policy & Institutional Review Expenditure Review Finance Needs & Gap Assessment Resource Mobilisation Strategy & Synthesis Recommendations Initiate Adoption of Recommendations and Resource Mobilisation COP-13 COP-12 2013 2014 2015 2016

19. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Adapted to national circumstances, countries decide Policy & Institutional Review Mobilise Key Financing Mechanisms Expenditure Review Finance Needs & Gap Assessment Resource Mobilisation Strategy & Synthesis Recommendations Initiate Adoption of Recommendations and Resource Mobilisation COP-13 COP-12 2013 2014 2015 2016

20. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Adapted to national circumstances, countries decide New Economic Valuations? TSA? CBA? NCA? Legal Frameworks Review? Policy & Institutional Review Mobilise Key Financing Mechanisms Expenditure Review Communication & Targeted Advocacy? Finance Needs & Gap Assessment Resource Mobilisation Strategy & Synthesis Recommendations Initiate Adoption of Recommendations and Resource Mobilisation COP-13 COP-12 2013 2014 2015 2016

21. BIOFIN – Axis 2: National Work Consolidate and Disseminate Methodologies Develop & Peer Review Assessment Methodologies Overarching National Transformational Process (co-)led by Finance/Economy/Planning with Environment New Economic Valuations? TSA? CBA? NCA? Legal Frameworks Review? Policy & Institutional Review Mobilise Key Financing Mechanisms Expenditure Review Communication & Targeted Advocacy? Finance Needs & Gap Assessment Resource Mobilisation Strategy & Synthesis Recommendations Initiate Adoption of Recommendations and Resource Mobilisation COP-13 COP-12 2013 2014 2015 2016

22. BIOFIN – Team & Model Structure Global UNDP/BIOFIN Team with dedicatedexpert support for methodology development and national implementation Government • (co-)led by Finance/Economy/Planning with Environment UNDP Country Office Steering Committee National BIOFIN Team

23. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership

24. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership • Capacity challenge at national level in some countries, technical assistance key

25. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership • Capacity challenge at national level in some countries, technical assistance key • Range of interesting pieces emerging on policy drivers, funding baselines and gaps, and resourcing

26. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership • Capacity challenge at national level in some countries, technical assistance key • Range of interesting pieces emerging on policy drivers, funding baselines and gaps, and resourcing • Can strengthen NBSAPs and financing plans

27. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership • Capacity challenge at national level in some countries, technical assistance key • Range of interesting pieces emerging on policy drivers, funding baselines and gaps, and resourcing • Can strengthen NBSAPs and financing plans • Significant interest in, and opportunities for, South-South Cooperation

28. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership • Capacity challenge at national level in some countries, technical assistance key • Range of interesting pieces emerging on policy drivers, funding baselines and gaps, and resourcing • Can strengthen NBSAPs and financing plans • Significant interest in, and opportunities for, South-South Cooperation • Link to Ministries of Finance/Planning: challenges and new partnerships

29. BIOFIN – First learning • For biodiversity innovative methodologically and politically => collaborative learning partnership • Capacity challenge at national level in some countries, technical assistance key • Range of interesting pieces emerging on policy drivers, funding baselines and gaps, and resourcing • Can strengthen NBSAPs and financing plans • Significant interest in, and opportunities for, South-South Cooperation • Link to Ministries of Finance/Planning: challenges and new partnerships • Leverage impact by stronger collaboration with NCA & BD/ES Valuation (UN-SEEA, WAVES, TEEB, CBA, national processes, etc.)

30. BIOFIN – Overlaps with WAVES Kazakhstan Mexico Thailand Philippines Guatemala Uganda Costa Rica Colombia Malaysia Ecuador Seychelles Zambia Indonesia Fiji Peru Botswana South Africa Chile BIOFIN Countries (19) Shared Countries (6) WAVES Countries (8)

31. BIOFIN – Spin Offs • Further strengthen biodiversity expenditure accounting in UN-SEEA Central Framework? • Input into tracking biodiversity expenditure methodologies in EU • A map of global biodiversity financing flows? Link to OECD/ODA Rio Markers (from Climate Policy Initiative)

32. For further information consult/contact: • www.biodiversityfinance.net • biofin@undp.org