The project steers public finance towards the protection of biodiversity, promoting sustainable fiscal policies and budget reforms.
In many countries, fiscal policies still encourage carbon- and resource-intensive activities, at odds with sustainability goals.
FAST helps governments reform their budgets, engage multiple actors, and increase transparency by addressing interactions between economic policy, public interests, and social acceptance. Through sustainable fiscal instruments, countries create incentives for investment in biodiversity and climate, contributing to the Paris Agreement Goals and the Kunming-Montreal Global Biodiversity Framework.