The Biodiversity Finance Initiative - Phase II (BIOFIN Zambia)

About this project

The Biodiversity Finance Initiative (BIOFIN) Phase II aims to produce improved biodiversity and development outcomes and to contribute to filling the finance gap through the implementation of Biodiversity Finance Solutions (FS). Zambia currently has no green finance policy, green bonds taxonomy nor green finance tagging system, which is holding back financing for biodiversity in the country. Therefore, these are key priorities in the AWP 2024, geared towards achieving the following FS. • Finance Solution 1: Technical Assistance for Green Bond Transaction Preparation and issuance• Finance Solution 2: Mainstreaming biodiversity in the Green Finance strategy and implementation plan for the Financial Sector• Finance Solution 3: Developing a Green Finance Tagging/reporting System for the Financial Sector• Finance Solution 4: Main streaming biodiversity in the Green Finance strategy and implementation plan for the financial sector• Finance Solution 5: Main streaming biodiversity in the Green Finance strategy and implementation plan for the financial sector• Finance Solution 6: Developing a Green Finance tagging/reporting system for the Financial Sector• Outcome 7: (Phase II) Empowering financial institutions to increase the update of gender-equal nature-related financial disclosure framework at all levels of the decision-making.

Goals

Sustainable Development Goals this project works towards

• 15Life on Land

Published by

United Nations Development Programme · Multilateral

Countries

Zambia

Sectors

Biodiversity

Funded by

Dept of Forgn Afrs Trade & Dev, GOVERNMENT OF GERMANY, GOVERNMENT OF UNITED KINGDOM

Implemented by

UNDP

Accountable

UNITED NATIONS DEVELOPMENT PROGRAMME

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-PROJECT-01002904.

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