![]() ![]() ![]() Helped the Protected Areas Commission to negotiate with the Ministry of Finance the return of entrance fees, leveraging USD 2m.Mobilizing USD 294k from irrigation districts towards Payments for Environmental Services through Matching Funds, conserving 7,300 ha.Design of the Sustainable Fund, a financial instrument that will channel international, national, public, and private resources at a national level.BIOFIN is seizing the opportunity to involve these sectors and to develop finance mechanisms that provide economic benefits as well as social and environmental impacts. The financial and private sector are increasingly looking to incorporate and consider biodiversity in their finance portfolios, either as a profitable investment or as an element to consider in their financial and non-financial potential risks. Therefore, it is currently working to develop innovative financial solutions beyond increasing public budget, by involving other actors and sectors. In this sense, BIOFIN Mexico understands that the finance gap would be unsurmountable through fiscal budget. Additionally, the federal biodiversity expenditure has been decreasing since 2015, with USD 732 million spent in biodiversity in 2019, being the lowest expenditure in a decade. According to the National Geography and Statistics Institute (2019), the Environmental Degradation and Resource Depletion Total Costs that have a negative impact on natural resources account to 4.5% of the GDP. Mexico faces complex underlying causes of biodiversity degradation. Therefore, conservation actions must consider the social governance of these biodiversity rich territories. The land in Mexico is mostly managed by communities and ejidos (communal land) who mainly depend on primary sector activities (specifically agriculture, extensive livestock, forestry, fisheries, and hunting) for a living. ![]() Over 5,000 species of flora (equivalent to 23%) have a traditional use, with over 3,000 medicinal plants in the country. The country is also a biocultural hotspot being center of origin of globally widespread species and hosts a rich natural heritage safeguarded by indigenous peoples and local communities. Mexico is the third place globally in mammal diversity, with over 564 species (30% of them being endemic), and the second in reptiles with 864 different species (45% of them are also endemic). Both departments answer to the Treasurer.Mexico is a mega diverse country, between 10 and 12% of the world’s species can be found in its territory. Mexican Customs Bureau ( Administración General de Aduanas) is part of the Mexican Tax Administration Service, the government body entrusted with the collection of taxes at the national level. Proposes and directs the Federal Government’s economic policy as regards finances, tax, spending, income and public debt and statistics, geography and information, in order to ensure quality, equitable, inclusive and sustained economic growth.This position is analogous to the Secretary of the Treasury in the United States of America or to the finance ministers of other nations. Recently, the institution has been promoting a financial inclusion policy and is now a member of the Alliance for Financial Inclusion. The Secretary of the Treasury is the head of the department, and is a member of the federal executive cabinet, appointed to the post by the President of the Republic, with the approval of the Chamber of Deputies. The Secretariat of the Treasury and Public Credit ( Spanish: Secretaría de Hacienda y Crédito Público, SHCP) is the finance ministry of Mexico. Comisión Nacional Bancaria y de Valores.Secretariat of the Treasury and Public Credit Secretaría de Hacienda y Crédito Público For more guidance, see Wikipedia:Translation.You should also add the template to the talk page.A model attribution edit summary is Content in this edit is translated from the existing Spanish Wikipedia article at ] see its history for attribution. You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation.If possible, verify the text with references provided in the foreign-language article. Do not translate text that appears unreliable or low-quality.Consider adding a topic to this template: there are already 5,140 articles in the main category, and specifying |topic= will aid in categorization.Machine translation, like DeepL or Google Translate, is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.View a machine-translated version of the Spanish article. ![]()
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