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#BIOFIN

From inception to analysis: advancing biodiversity finance planning across the Pacific

#Project | Workshop National inception workshops have now been conducted in Tonga, Solomon Islands, Vanuatu, Palau, the Federated States of Micronesia and the Republic of the Marshall Islands, following the earlier delivery of the Inception Reports. These workshops mark the completion of the inception phase and an important step forward in the BIOFIN process across the six Pacific Island countries. The inception phase is essential for adapting the BIOFIN methodology to each national context. It creates a shared understanding of the objectives, stakeholders,

SETIN Supports the Development of Biodiversity Finance Plans in Pacific Island Countries

#Project – new assignment Six Pacific Island countries are taking an important step towards strengthening the financing of their biodiversity priorities. SETIN has begun supporting the development of national Biodiversity Finance Plans in the Federated States of Micronesia, the Republic of the Marshall Islands, Tonga, Solomon Islands, Vanuatu and Palau. The assignment is being implemented under UNDP’s Pacific BIOFIN Umbrella Programme and follows the BIOFIN methodology. Its purpose is to support each country in identifying practical ways to mobilize and manage the financial

Kick-off Meeting of the Feasibility Assessment for the Ecotourism Development Strategy of Phibsoo Wildlife Sanctuary and Royal Manas National Park

On 1st December 2025, the kick-off meeting of the BIOFIN project “Conduct Feasibility Assessment for the Ecotourism Development Strategy of Phibsoo Wildlife Sanctuary and Royal Manas National Park” was held, formally initiating the Inception Phase of the project. The project is coordinated by UNDP Bhutan, in collaboration with His Majesty’s Secretariat and Gelephu Mindfulness City (GMC). THR is acting as Team Leader, with SETIN participating as a project partner. The overall objective of the project is to develop Phibsoo Wildlife Sanctuary and