Financial Needs Assessment (FNA)

Topic:
Needs Assessment (FNA)
Country:
Thailand

Following the BIOFIN methodology, the Biodiversity Financial Needs Assessment (FNA) aims to make a comprehensive estimate of the financial resources required to achieve national biodiversity targets. This FNA builds on the findings of Thailand’s BER, which showed that the main domestic source of biodiversity funding in Thailand is from the government’s budget allocation, which mostly pays for the operations of the core environmental agencies. The total expenditure for the core agencies accounted for around 80 percent of the overall biodiversity related budget in 2015. The finance gap as the difference between the BAU budget allocation scenario and the required budget to execute the actions in the target areas amounts to $942 million (THB 31,978 million) for the remaining three-year period of the current NBSAP (2019-2021).