The Biodiversity Finance Gap — the difference between the financial resources needed to conserve and sustainably manage biodiversity and the funds currently available — is one of the most pressing challenges in global conservation. Estimates suggest that closing this gap requires hundreds of billions of dollars annually. Although no less than US$143 billion is spent on biodiversity every year globally, this is far below the estimated US$824 billion needed to protect and restore nature. BIOFIN is working to close this gap. Source: BIOFIN