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Investing in Nature: Pathways for Biodiversity Finance in India

Biodiversity, ranging from microorganisms to iconic species, sustains ecosystems that provide essential services such as food, water, climate regulation, and cultural value. Yet, biodiversity loss, highlighted by a 69% decline in global wildlife populations since 1970 (WWF, 2022), poses a serious threat to human well-being and the global economy, with over half of global GDP dependent on nature (United Nations, 2022). Biodiversity finance has therefore emerged as a critical tool to mobilize resources for conservation, restoration, and sustainable use of ecosystems. Mechanisms include grants, green bonds, payment for ecosystem services, fiscal reforms, and risk mitigation instruments. India, one of the world's 17 mega-diverse countries, harbors nearly 8% of all recorded species but faces mounting pressures from climate change, land degradation, and rapid development. While national frameworks such as the National Biodiversity Action Plan (NBAP) and initiatives like BIOFIN have advanced financing strategies, substantial gaps remain. Strengthening biodiversity finance through innovative instruments, public-private partnerships, and transparent governance will be crucial for securing India's ecological resilience and supporting sustainable development.