Monday 5th of December 2016 at the CBD COP13 the new BIOFIN Workbook 2016 is launched, including all the improvement and lessons learnt from the countries to reach a more efficient and result-based methodology. A first version of this methodology, summarised in the BIOFIN workbook, was drafted in 2013 and put to use in 2014. In early 2015, the global BIOFIN team stepped up its efforts to analyse gaps, lessons learnt and best practises in the application of the methodology, through a series of regional workshops. Building on a wealth of lessons learnt, a new generation of guidance materials has now been developed.
The BIOFIN methodology supports countries to set out a national process to build inter-ministerial partnerships, engage with the private sector, generate baseline data and policy recommendations on existing finance levels and future needs, developing and implementing finance plans and solutions to address national finance needs. BIOFIN recognises 4 types of finance results countries can pursue: (1) Delivering better, (2) Preventing Future Costs, (3) Mobilising Resources, and (4) Re-aligning Resources.
