Demand is high for investment in biodiversity, but finance gaps remain
Representatives from across Europe, Asia and Pacific are encouraging increased investment in nature from both the public and private sectors, with emerging data revealing that significant finance gaps remain for countries to achieve their biodiversity targets.
As the host country for the 5th Biodiversity Finance Regional Dialogue for Europe, Asia and Pacific, held in late-September, Thailand has vast natural resources and rich biodiversity. But the country’s economy relies heavily on nature in sectors such as tourism, food production, and spa and herbal medicine.
“The value of the bio-economy stands at 3 trillion Thai baht (almost US$100 Billion) or 21% of the country’s GDP,” said Chakkrit Parapantakul, the Deputy Permanent Secretary of the Thailand Ministry of Finance. Read the full story here.