The BIOFIN methodology started in Guatemala, in October 2014. By 2016, BIOFIN reached the implementation phase, which was centered on the endorsed results obtained and reviewed on Phase 1. This review was completed in agreement with the Project Steering Committee which is composed by the participating institutions: The Ministry of Environment and Naturals Resources - MARN-, the Ministry of Public Finances -MINFIN-, the National Council of Protected Areas -CONAP-, and the Secretariat of Planning and Programming of the Presidency -SEGEPLAN-.

In addition, the process has involved the participation of several Private Sector institutions.  This has led to the construction of an enabling environment for the mobilization of financial resources for biodiversity. The implementation is affectively promoting activities such as the accompaniment in the Open Budget and multi-year Budget process, that has been led by the Ministry of Finance. Similarly, BIOFIN will contribute to the alignment of Climate Change and Biodiversity, especially in the process of analyzing public and private expenditure and the costing of the National Climate Change Plan in relation to the acquired commitments in the country as a result of the Convention on Climate Change.

Progress Reports

Policy and Institutional Review (PIR)

This process consisted of an exhaustive review of the institutional actors of both public and private sectors, which participate in biodiversity management. This analysis provided information on the priority actions that represent positive and negative effects to the ecosystems and the services they provide to the human being. 

Due to the identification of actors, the analysis of policies, plans, programs and projects that were being executed was accomplished. This led to the identification of all the instruments that exert pressure on ecosystems, either directly or indirectly, positively or negatively. The methodological process used includes the determination of basic data in order to answer a series of key questions that were previously established by the BIOFIN methodology.  In the case of Guatemala, the process was concluded with the institutional endorsement, in all the content. 

Expenditure Review (BER)

A general and quantitative analysis was carried out. This analysis included the conformation and dynamics of the National Expenditure on Biodiversity and is based on the results that were obtained in the “Quantification of Public and Private Expenditures on biodiversity throughout the study period 2010-2014”. 

In this case, emphasis is placed on the description of the most relevant aspects of the integration process: a) Composition b) Main funding sources and c) Executors. The conclusions of the process were presented, which, together with the analysis, allow to understand the evolution and trends of expenditure. Both instruments, constitute important inputs in decision-making and the basis for carrying out further research in this field. Both instruments, are also part of the conscious and coordinated effort required for the preservation of the country's biodiversity. The process in Guatemala was concluded with the corresponding institutional endorsement, in all the content.

Needs Assessment (FNA)

The financial resources required to fulfill the national biodiversity plans, goals and results were estimated with the National Biodiversity Strategy as a basic reference. Subsequently, the financing gap between the budgeted resources and the projected expenses was defined. 

The costing of the National Biodiversity Strategy has required searching and constructing assumptions, instruments that allow gathering information and then transferring the collected data to an economic language. Once again, the process in Guatemala was concluded with the respective endorsement, of all the content, by the contributing institutions.

Finance Plan (BFP)

The biodiversity financing plan was drawn up, defining and proposing priority financing solutions that will diminish the financial gap, by optimizing current investments and expanding future ones (public, private, national, international, traditional and innovative). It is important to highlight that in this process, specific actions were defined, the actors involved were identified, the work times that eventually will guide to an effective implementation of the strategy were established. 

This process summarizes the proposed interventions and the review of the current income of identified and potential mechanisms. Additionally, the different stages that must be followed for the implementation of the strategy and the timing of each phase were defined. Finally, the actors and their roles for every single phase of the Action Plan were listed. The process in Guatemala was concluded with the respective endorsement, of all the content, by the participating institutions.

Finance Solutions

After concluding the biodiversity financing plan, the execution phase is in progress. The expected result is the initial implementation of the solutions, both from the financial and political component. One of the established objectives is the improvement of the budgetary and programming section, as well as strategic planning. This process is being developed with the leadership of the Ministry of Public Finance -MINFIN- and the active participation of the Ministry of Environment and Natural Resources -MARN-, the National Institute of Forests -INAB-, the National Council of Protected Areas -CONAP-, and the Secretariat of Planning and Programming of the Presidency -SEGEPLAN- among others. All the actions are developed in a Climate Change context.

Knowledge Products

About Guatemala