Mapping and Assessing Exiting and Potential Financing Instruments and Mechanisms that Support Local Biodiversity Actions
Mapping and Assessing Exiting and Potential Financing Instruments and Mechanisms are supported by the project of INTERACT Bio. The INTERACT-Bio project is funded by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety and Consumer Protection (BMUV) through the International Climate Initiative (IKI). INTERACT-Bio, led by ICLEI, is designed to enhance the utilization and management of natural resources within fast-growing cities and their surrounding regions. It aims to provide expanding urban communities in the Global South with nature-based solutions and associated benefits.
Mapping and assessing existing and potential financing instruments in China is crucial to support the implementation of sub-national Biodiversity Strategy and Action Plans (BSAPs) and promote nature-positive development. As part of Output of the project of INTERACT-Bio, this work contributes to piloting innovative finance instruments, developing investment cases aligned with ecological and economic priorities, and informing a step-by-step guide for local governments which is Guide to Biodiversity Financing for Cities and Regions. The mapping also serves as a key input for training relevant staff in China’s pilot city-regions, helping them identify suitable financing options. By enhancing project preparation and access to biodiversity finance, including three pilot projects in China, the initiative supports replicable, scalable models for local biodiversity action.
