Mexico is one of the 17 megadiverse countries in the world, home to rich fauna and flora and considered a biocultural hotspot. However, ecosystem degradation and climate change have threatened biodiversity across the country.  

Amid this situation, the Ministry of Environment and Land-use Planning of the state of Guanajuato, with support from the Biodiversity Finance Initiative (BIOFIN) of the United Nations Development Programme (UNDP), strengthened the management and mobilization strategy of Guanajuato’s Environmental Public Fund. Following these reforms, the fund’s annual revenue increased by USD 545,110 (MXN 10,000,000), improving its capacity to finance biodiversity-relatedprojects.  

 This initiative is part of a broad strategy to implement the BIOFIN methodology at the subnational level across 15 state governments in Mexico, enhancing biodiversity finance while adapting to the context and priorities of each state.