The Ministry of Finance and Prices (MFP) authorizes the Payment for Environmental Services (PES) for removal of atmospheric carbon through sustainable forest management, for the first time in Cuba. This PES is one of the pilot financial solutions in which the BIOFIN initiative has worked since 2018.Read more
The Cuban Biodiversity Finance Plan was approved in early July by the BIOFIN steering committee at a meeting in Havana with the Vice Minister of the Environment, the Vice Minister of Economy and Planning and the Deputy Resident Representative of UNDP in Cuba. The Vice Minister of the Environment poi...Read more