Financial support shall be provided to Biodiversity in the Kyrgyz RepublicMay 19, 2016
This year the Biodiversity Financing Initiative will be launched in the Kyrgyz Republic in close cooperation of the UNDP-UNEP “Poverty and Environment” Initiative in the framework of the UNDP Sustainable Development Programme. The project’s budget amounts 460 thousand US dollars for three years.
BIOFIN aims at developing methodology for quantifying the biodiversity finance gap at national level, for improving cost-effectiveness through mainstreaming of biodiversity into national development and sectoral planning, and for developing comprehensive national resource mobilizing strategies. BIOFIN will thus provide a framework for undertaking 'bottom-up' analyses of the biodiversity finance gap and resource mobilization strategies, through a transformative process led by national stakeholders.
United Nations Development Programme in October 2012 launched the Biodiversity Finance Initiative – BIOFIN, as a new global partnership seeking to address the biodiversity finance challenge in a comprehensive manner – building a sound business case for increased investment in the management of ecosystems and biodiversity.
30 countries are currently involved in developing and piloting the new methodology, which will be refined through regional and global learning, and made available more widely. As additional resources are leveraged, a broader group of countries can be supported. BIOFIN also ties in with the development of the new generation of NBSAPs to identify national strategies and priority actions, since these will feed into the BIOFIN process in the pilot countries.
Kyrgyz Republic at present priorities conservation of biodiversity of the Kyrgyz Republic for the period till 2024. Action Plan for its implementation was developed and approved by the Decree of the Government as of 17 March 2014. However, as we know, the conservation of biodiversity requires significant improvement of approaches in management, assessment in such a way that the economic value of biodiversity is taken into account in decision-making and planning development for their conservation for future generations.
“Today, biodiversity conservation priorities in the Kyrgyz Republic for the period until 2024 defined strategy, program, principles and the main directions of the Kyrgyz Republic in the field of biodiversity conservation. But, unfortunately, the funding of action and measures to implement the priorities of biodiversity conservation in our country is carried out in the framework of the resources allocated to state bodies from the public budget for the relevant year, as well as relevant grants from international donor organizations,” - Baigabyl Tolongutov noted, (Director of the Center for State Regulation in the Field of Environmental Protection and Environmental Safety of the State Environmental Protection Agency and Forestry under the Government of the Kyrgyz Republic).
Zhazgul Amanova, Senior Specialist of the Administration of Planning of public expenditures of the Ministry of Finance confirmed: “Currently, financial needs of the State Environmental Protection Agency and Forestry are covered 67 % by the Republican Budget 67.”
8-11 February 2016 to launch this project, UNDP held a series of meetings with partners from the government, international and non-governmental organizations to coordinate further the Initiative’s activities.
In the CIS countries, the BIOFIN Initiative is implemented in Kazakhstan and Georgia.
The tools developed through BIOFIN will be applied in 42 countries that UNDP is supporting to undertake new generation NBSAPs, and will be made available to all 193 Convention on Biological Diversity Parties through the NBSAP Forum.
Available evidence and the decisions adopted by Parties to the Convention on Biological Diversity indicate that a significant gap remains in finance for biodiversity management, for countries to drastically scale up their efforts and achieve the 20 Aichi Targets defined in the Convention on Biological Diversity Strategic Plan for 2011-2020.
In 1996, the Kyrgyz Republic ratified the Convention on Biological Diversity. Under the Convention, the Kyrgyz Republic has developed the Strategy and Action Plan on biodiversity conservation till 2020.
Despite its small territory, the Kyrgyz Republic has a high diversity of species – about 1% of all known species of 0.13% of the Earth surface.
There has been a reduction in the number of many species, 9.5% of birds and 18.1% of mammals are at risk of extinction.
Many species are used as food or for commercial purposes - this includes 600 species of wild plants used by human.
Aigul Bolotova, UNDP Sustainable Development Communication Specialist