The document summarizes a session on tracking biodiversity expenditures and effective budgeting. It discusses several methodologies and initiatives for assessing and tracking biodiversity expenditures, including environmental protection expenditure accounts from Eurostat and OECD, the BIOFIN methodology for biodiversity expenditure reviews, and the OECD Paris Collaborative on Green Budgeting. The BIOFIN methodology is presented in more detail, outlining its step-by-step process for defining parameters, assessing available data, analyzing and classifying expenditures, collecting data, and projecting future expenditures. International frameworks and classification systems are also discussed.

1. Session 2
Towards a new paradigm for tracking
biodiversity expendituresand
effectivebudgeting
Wednesday 15th April

2. SESSION
Towardsa new paradigm
for tracking biodiversity
expenditures and effective
budgeting
2
Hélène Perier
DG Environment,
EuropeanCommission
Dewa Ekayana
Ministry of Finance,
Indonesia
Fernando Garcia
BIOFIN-UNDP, Guatemala
Armi Liinamaa, Ministry of Finance
& Marina von Weissenberg, Ministry of the Environment
Finland
Mariana Bellot
UNDP-BIOFIN
Speakers
Moderator
Wednesday April 15th 2020
For technical issues, please
contact:
Serhat.Bozoglu@undp.org
Ekin.Celikyay@undp.org

3.  Please mute your microphones
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Marianafrom Mexico
…
How to participate?

4. Methodologies and initiatives for assessing and
tracking biodiversity expenditures
⚙Environmental
expenditure
protection accounts
(Eurostat and OECD)
⚙ BIOFIN
Methodology for
Biodiversity
Expenditure Review
⚙ OECD Paris
Collaborative on
Green Budgeting
(and OECD PINE database)
⚙ European
Commission
Biodiversity tagging of
expenditures (and climate)

5. The BIOFIN
Methodology
Biodiversity
Expenditure Review

6. Biodiversity Expenditure Review,
BIOFIN Methodology
Stepby Step
Define main
parameters
for
biodiversity
expenditure
Preparations, assess
national available
data
Data Analysis,
decide on a
classification
system
Data
collection
Project future
expenditures

7. OECD and Eurostat collect environmental
protection expenditure data from member
countries
• In line with environmental protection
expenditure accounts of the System of
Environmental Economic Accounting (SEEA)
• Using the Classification of Environmental
Protection Activities and Expenditure (CEPA)
On-going OECD work to better cover
biodiversity-related expenditure :
• e.g. examining possible extension to Classification
of Resource ManagementActivities (CReMA)
Biodiversity expenditure:
Building on existing
international frameworks
and classification systems

8. OECD Paris
Collaborative on Green
Budgeting
The OECD Paris Collaborative on Green Budgeting:
- Launched at the One Planet Summit in December
2017
- Provides a platform to share experiences and good
practices on how best to integrate climate,
biodiversity and other environmental goals with the
budget process
Examples of key issues:
• Emerging Green Budgeting Practices: SDGs,
Biodiversity and Climate
• Implementing Green Budgeting: Next Steps on
Classifying, Tagging and Reporting Green
Expenditures - Towards a Harmonised Approach?

9. WEEK 2. Wednesday, 22 April 2020
11.00 – 12.30
15.00 – 16.30
CET Paris Time
CET Paris Time
FORTHCOMING
Session3.
Identifying and Reforming Harmful Subsidies
Germany, Italy, Kyrgyzstan & Switzerland
Session4.
Estimating finance needs and developing effective
Biodiversity Finance Plans
Philippines, Colombia, India & Mexico
Join us next week!
Please join our LinkedIn Group:
Global Conferenceon Biodiversity Finance – Virtual Series April 2020