Bolivia has approved its National Biodiversity Strategy and Action Plan 2026–2030, establishing 17 national targets and 271 actions to conserve, restore and sustainably manage the country’s biodiversity.

Adopted through Supreme Decree No. 5753 on 26 October 2026, the strategy provides a framework for integrating biodiversity into development and territorial planning. Its priorities include strengthening protected areas, restoring degraded ecosystems, reducing threats to species and supporting sustainable livelihoods.

Financing is central to translating these priorities into action. The strategy brings together institutional strengthening, governance and financing as one of its four main areas, alongside ecosystem management, conservation and sustainable use, and knowledge management.

Building the evidence for biodiversity finance

Through UNDP’s Biodiversity Finance Initiative (BIOFIN), Bolivia is developing the evidence needed to understand existing biodiversity expenditure, identify financing needs and guide investment.

A biodiversity expenditure review and a policy and institutional review will inform the assessment of the country’s financing gap and the development of its national biodiversity financing strategy. This work aims to improve the effectiveness of existing spending and identify feasible mechanisms to mobilize additional resources.

The adoption of the biodiversity strategy provides a framework for connecting this financial analysis with national conservation priorities. Aligning finance with these priorities will be essential to turn the strategy’s targets into measurable results.

By strengthening the links between biodiversity planning and financial decision-making, Bolivia can advance implementation of the Kunming–Montreal Global Biodiversity Framework while supporting the ecosystems on which communities and productive sectors depend.