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Terminal Evaluation BIOFIN Phase I (PIMS 3918)
Commissioning Unit: Bureau for Policy and Programme Support
Evaluation Plan: 2018-2021
Evaluation Type: Project
Completion Date: 06/2019
Unit Responsible for providing Management Response: Bureau for Policy and Programme Support
Documents Related to overall Management Response:
 
1. Recommendation:

As a means of reinforcing current benefits of the BIOFIN project, the BIOFIN Global Team should continue strengthening BIOFIN’s network of stakeholders who have the capacity to finance biodiversity.

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully Accept: The BIOFIN team will step up efforts extend the global network in the suggested areas,being the private sector and community levels

Key Actions:

Key Action Responsible DueDate Status Comments Documents
1.2 Establish in at least one country cooperation with the small grants programme
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2020/06 Completed Cooperation has been established. History
1.1. Invite at least five major investors/philanthropists for the BIOFIN 4th Global Conference in 2020
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2021/09 Not Initiated Event initially scheduled for 2020 has been moved to 2021. History
2. Recommendation:

Provide support to appropriate institutions to encourage decentralization of or augment their efforts to decentralize NBSAPs processes to a sub-national level (to provincial levels or regional landscapes) on which off-the-shelf proposals can be based.

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully accept: Further pilots of the BIOFIN Process at the sub-national level will be important in order to demonstrate to which degree different solutions emerge, and could have a more direct impact

Key Actions:

Key Action Responsible DueDate Status Comments Documents
2.1. Roll-out sub-national level bf process in priority countries Philippines and Bhutan
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2022/12 Initiated History
2.1. Roll-out sub-national level bf process in priority countries Philippines and Bhutan
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2022/12 Canceled
3. Recommendation:

The BIOFIN Global Team with backstopping from UNDP should strengthen its technical assistance to national implementation teams on private sector engagement strategies

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully accept: Develop a workstream on private sector conservation

Key Actions:

Key Action Responsible DueDate Status Comments Documents
3.1 Include a workstream on private sector in each of the upcoming regional and global workshops
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2021/12 Completed Workstream on private sector incorporated. History
3.2 Organize at least three webinars related to private sector finance and conservation
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2020/12 Completed Webinars conducted. History
4. Recommendation:

Provide comprehensive guidance to national teams on de-risking financing biodiversity during preparation of off-the-shelf biodiversity financing proposals.

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully Accept: Carry out stock taking of de-risking for biodiversity investments and develop guidance document

Key Actions:

Key Action Responsible DueDate Status Comments Documents
4.1 Develop guidance document on de-risking biodiversity projects
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2021/12 Not Initiated History
5. Recommendation:

Initiate efforts to undertake a full-fledged biodiversity expenditure review (BER) for the private sector.

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully accept: Pilot a full fledged private sector expenditure review durin BIOFIN Phase II

Key Actions:

Key Action Responsible DueDate Status Comments Documents
5.1 Select one of the five new BIOFIN countries to do a full-fledged private sector expenditure review
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2021/12 Not Initiated History
5.1 Select one of the five new BIOFIN countries to do a full-fledged private sector expenditure review
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2020/12 Canceled
6. Recommendation:

Continue and strengthen the BIOFIN Global Team’s oversight role on national team implementation to ensure proper M&E and to ensure national teams are “doing better” as a means of reducing the biodiversity financing needs.

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully accept: Develop a comprehensive M&E system tailored for BIOFIN Phase-II implementation

Key Actions:

Key Action Responsible DueDate Status Comments Documents
6.1 Develop a new quarterly workplan template
[Added: 2019/07/05] [Last Updated: 2020/01/31]
BIOFIN Global Team 2019/12 Completed Template has been created History
6.2 Develop a central M&E Database/dashboard
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2020/03 Completed Database/dashboard completed. History
7. Recommendation:

It is important to make efforts to break down the meaning of biodiversity into “mainstream” terminology while introducing the topic of financing biodiversity with public and private investors.

Management Response: [Added: 2019/07/05] [Last Updated: 2021/01/28]

Fully accept: Develop explanation of concept biodiversity for different stakeholders.

Key Actions:

Key Action Responsible DueDate Status Comments Documents
7.1 Develop a brief guidance document that explains the concept of biodiversity from the perspective of different stakeholders such as the private sector, ministries of finance, general audience and the conservation community
[Added: 2019/07/05] [Last Updated: 2020/12/17]
BIOFIN Global Team 2020/12 Completed Guidance completed and made available. History

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