HomeEnvironmentConservationFinancing biodiversity: Is mining a viable source?

    Financing biodiversity: Is mining a viable source?

    Several countries are now training their eyes on environmentally harmful subsidies, or programs that encourage unsustainable production or consumption and harm nature by exhausting natural resources, degrading global ecosystems and damaging planetary health.

    These countries are hoping to narrow the huge budget gap in biodiversity to ensure sustainability.

    A tamaraw bull is photographed in one of the rare occasions for this critically endangered endemic species to be photographed at the Mounts Iglit Baco Mountain Range on Mindoro Island. Together with public and private sector allies, Biofin helps protect land and seascapes which harbor endangered and iconic wildlife.

    As part of the United Nations Development Programme Biodiversity Finance Initiative’s (UNDP-Biofin) Regional Dialogue that was held in the Philippines last month, selected Biofin member countries have…

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