Sri Lanka is a biodiversity hotspot with a high amount of endemic species. Its biodiversity has played a key role in the long history of civilization this island nation is proud of. BIOFIN process helps the government to address the gaps in investments in biodiversity so it can be managed to the benefit of all - who have come this world so far and who are yet to be born.
Prioritized finance solutions
Sri Lanka is working on three financial solutions.
1. Developing sustainable finance framework which will promote green lending
2. Developing a sustainable certification system for Sri Lankan tourism industry
3. Payment for Ecosystem Services in the power generation sector