International Conference to Promote Financial Innovation in Biodiversity Conservation
On the morning of September 23, the city of Da Nang hosted the Europe, Asia, and the Pacific Regional Conference of the Biodiversity Finance Initiative (BIOFIN) 2025, co-organized by the United Nations Development Programme (UNDP) and the Government of Vietnam. The conference was attended by Vice Minister of Agriculture and Rural Development Nguyen Quoc Tri, Vice Chairman of the City People's Committee Tran Nam Hung, along with more than 120 experts, policymakers, and government representatives from over 40 countries across Europe, Asia, and the Pacific.
Over the three-day event, the conference will discuss how to mobilize innovative resources, reform public policy, strengthen public-private partnerships, and expand international cooperation. The focus is on finding solutions to promote a new generation of green financial instruments such as green bonds, biodiversity credits, nature-based insurance, as well as blended finance mechanisms.
In Da Nang, the city has always valued and appreciated the partnership of the United Nations Development Programme (UNDP). Through various cooperation programs, UNDP has contributed to implementing practical initiatives such as the restoration of the Cam Thanh nipa palm forest, the conservation of coral reefs in Tam Hai, the preservation of stone crabs in Cu Lao Cham, and the development of community-based ecotourism tied to conservation in Cam Thanh - Cam Kim. This partnership has not only helped the locality enhance its environmental management capacity but also supported livelihood improvements, contributing to shaping the image of a green, modern, and livable city.
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Phan Nguyễn Khánh Nhi
Danang News
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