P334 billion needed for biodiversity conservation
Excerpt
The Philippines is one of 17 mega diverse countries, harboring more diversity of life per hectare than any other country in the world. Yet encroachment in forested areas, pollution, over fishing and poor land management practices are leading to biodiversity loss at an alarming rate. Through the UNDP’s Biodiversity Financing Initiative (BioFin), the DENR-BMB has determined the financing gap of implementing the PBSAP, estimated to be at least P334 billion ($7.4 billion) over the next 13 years (P24 billion annually). This covers actions on: forest, coastal and marine, inland wetlands, caves and cave systems, protected areas, invasive alien species, agrobiodiversity, access and benefit-sharing and urban biodiversity.
Citation
P334 billion needed for biodiversity conservation. (2015, December 22). The Manila Times, p. B8.
Associated content
Online versionSubject
Biodiversity; Pollution; Overfishing; Land management; Governments; Protected areas; Financing; Investments; Private sector; Fisheries; Ecotourism; Environment management; Biodiversity Financing Initiative (BioFin); Department of Environment and Natural Resources (DENR); National Economic and Development Authority; Biodiversity Management Bureau (BMB); National Economic and Development Authority (NEDA); Department of Finance (DOF); Mitra, Titon; Zuñiga, Guillermo
Collections
- The Manila Times [889]
Related items
Showing items related by title, author, creator and subject.
-
Phl gets climate change aid from Germany
(The Philippine Star,June 2, 2018 , on page 5)The German government has committed an additional €35 million to fund the Philippines’ climate change adaptation projects, citing the country’s vulnerability to the effects of global warming. German Ambassador Gordon Kricke ... -
New partnership for marine KBAs
(The Manila Times,June 2, 2015 , on page B8)To mark the World Environment Day on June 5, the United Nations Development Programme (UNDP) and Department of Environment and Natural Resources-Biodiversity Management Bureau (DENR-BMB) launched a new partnership to help ... -
7-M euro fund tapped for Sulu-Sulawesi marine conservation
(Manila Bulletin,January 4, 2015 , on page 5)The German government has established a seven million-euro special fund to support the implementation of protection and conservation initiatives within the Sulu-Sulawesi Marine Ecoregion (SSME), a shared ecosystem of ...