Results and lessons learned from the development of National Biodiversity Finance Plans

​This event synthesizes findings and lessons learned from work to prepare the National Biodiversity Finance Plans in Belgium, Finland, the Netherlands, and Luxembourg. In a project financed by the European Commission through the technical Support Instrument and implemented by IUCN, these four countries adopted the UNDP BIOFIN methodology to guide their work, conducting a Policy and Institutional Review, a Biodiversity Expenditure Review, a Financial Needs Assessment, and finally, developing recommendations for a National Biodiversity Finance Plan. In addition, each country assessed subsidies harmful to biodiversity. The National Biodiversity Finance Plans seek to implement reforms that drive policy changes, investment, competitiveness, and nature restoration. Overall, the work strengthens institutional capacity at all levels to enable inclusive and green transitions, address country-specific challenges, and implement EU law.

​Each country will share their experiences, key findings, and lessons learned. Discussions will address challenges, opportunities, and innovations in mobilizing both public- and private-sector finance. The session will highlight differences and similarities between countries, while drawing out lessons and innovations applicable across contexts. The discussion includes findings from an OECD report on good practices for mobilizing public and private finance for biodiversity, developed as part of this project.

​Learn more about the project: https://iucn.org/our-work/region/europe/our-work/supporting-national-biodiversity-finance-plans-europe