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dc.titleThe Biodiversity Financing Gap in Latin America and the Caribbean
dc.contributor.authorWatson, Gregory
dc.contributor.authorPenagos Concha, Ángela María
dc.contributor.authorVargas Sanchez, Carlos Eduardo
dc.contributor.authorMurguia, Juan M.
dc.contributor.authorGranados Gutierrez, Santiago
dc.contributor.authorVargas Noriega, Naja
dc.contributor.authorTambutti, Marcia
dc.contributor.authorBadinella, Isabella
dc.contributor.authorBenavides, Juan
dc.contributor.authorVergara, Daniel
dc.contributor.authorBecerra, María Teresa
dc.contributor.authorArriaga Cinta, Frida Beatriz
dc.contributor.authorBucaram, Santiago
dc.contributor.authorLlaguno, Duval
dc.contributor.orgunitBiodiversity and Natural Capital Unit
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2026-10-27T12:01:38
dc.date.issue2026-10-27T00:01:00
dc.description.abstractClosing the biodiversity finance gap is essential for Latin America and the Caribbean to advance toward sustainable, resilient, and inclusive development models. This requires mobilizing and redirecting financial resources toward biodiversity conservation, restoration, and sustainable use, while integrating these objectives into public policies, territorial planning, and investment decisions across economic sectors. However, while adequate financial resources are necessary, they are not sufficient to achieve effective results. The quality of governance, institutional capacities, and coordination among public, private, multilateral, and development cooperation actors are critical to translating investments into tangible biodiversity outcomes. In this context, governance is a central dimension of biodiversity finance systems and a key enabling condition for their effectiveness. This study presents an estimate of the financing needs for biodiversity conservation, restoration, and sustainable use in Latin America and the Caribbean, drawing on internationally recognized methodologies adapted to the regions productive, fiscal, and institutional characteristics. It also analyzes current financial flows toward these objectives and identifies opportunities to expand the use of public, private, and blended finance instruments with the potential for scale and replication. Building on this analysis, the publication proposes guidelines for mobilizing, redirecting, and aligning financial resources with the biodiversity objectives set out in countries national and international commitments. In doing so, it helps strengthen the evidence base for decision-making and accelerate the implementation of strategies that position biodiversity conservation and sustainable use as pillars of sustainable development in Latin America and the Caribbean.
dc.format.extent161
dc.identifier.doihttp://dx.doi.org/10.18235/0014577
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Biodiversity-Financing-Gap-in-Latin-America-and-the-Caribbean.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/La-brecha-de-financiamiento-para-la-biodiversidad-en-America-Latina-y-el-Caribe.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectBiodiversity
dc.subjectEcosystem Service
dc.subjectFinance
dc.subjectAgriculture
dc.subjectCapital Formation
dc.subjectFishery
dc.subjectNatural Capital
dc.subjectGreen Finance
dc.subjectBiodiversity Conservation
dc.subjectWater and Sanitation
dc.subjectPublic Policy
dc.subjectProtected Area
dc.subjectEconomy
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeQ57 - Ecological Economics: Ecosystem Services • Biodiversity Conservation • Bioeconomics • Industrial Ecology
dc.typeMonographs
dc.typeCo-Publications
idb.identifier.pubnumberIDB-MG-01367
idb.operationRG-E2010
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