The Biodiversity Finance Initiative-Phase II (BIOFIN KENYA)

About this project

This contribution will focus on implementing early finance solutions to close the national biodiversity finance gap. The programme Programme to Support Development of National Biodiversity Finance Plans Plans involves ‘an innovative, stepwise and adaptable approach’ that supports countries to: assess the policy, institutional, and economic context for biodiversity finance and map existing finance solutions, including an assessment of positive and harmful incentives and subsidies to biodiversity; measure current biodiversity expenditures, from the public and private sectors, donors and NGOs; make a reliable estimate of the finance needed to achieve a country’s biodiversity goals, and compare this to current biodiversity expenditures; develop a Biodiversity Finance Plan (BFP) outlining the most suitable finance solutions; actions to design new, and improve existing, financing mechanisms; and implement priority finance solutions.

Goals

Sustainable Development Goals this project works towards

• 5Gender Equality
• 13Climate Action
• 17Partnerships for the Goals

Published by

United Nations Development Programme · Multilateral

Countries

Kenya

Sectors

Biodiversity

Funded by

NORWEGIAN AGENCY FOR DEVELOPMENT COOPERATION

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-01003204.

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