The Biodiversity Finance Initiative - Phase II (BIOFIN Philippines)

About this project

While the estimated cost of the Philippine Biodiversity Strategy and Action Plan (PBSAP) implementation within the given time frame of 2015-2028 is PhP24B/year, a public and private expenditure review revealed that current government (including local governments) spending on biodiversity is only PhP5B/year which leaves a financing gap of PhP19B/year to implement the PBSAP fully. Gross domestic product (GDP) measured at constant prices from 2008-13 averaged PhP5 trillion/year. Measured against t

Goals

Sustainable Development Goals this project works towards

• 15Life on Land
• 17Partnerships for the Goals

Published by

United Nations Development Programme · Multilateral

Countries

Philippines

Sectors

BiodiversityEnvironmental policy and administrative management

Focus

Gender equality · Also contributes

Places

Province of Negros Oriental, Province of Negros Occidental, Province of Mindoro Occidental, Mounts Iglit - Baco National

Funded by

GOVERNMENT OF UNITED KINGDOM, GOVERNMENT OF GERMANY, Dept of Forgn Afrs Trade & Dev, UNDP Funding Windows, Federal Office for the Environment-FOEN

Implemented by

UNDP

Published by United Nations Development Programme to the International Aid Transparency Initiative (IATI), last updated 5 Oct 2026 and imported automatically. IATI identifier: XM-DAC-41114-OUTPUT-01002894.

No updates yet.