NIPFP Working paper series Working Paper No. 335 Financing Biodiversity and Ecosystems Conservation in India: Implications for Efforts and Outcomes No. 335 31-March-2021 Rita Pandey, Manish Gupta, Paavani Sachdeva, Abhishek Singh and Sumit Aggarwal National Institute of Public Finance and Policy New Delhi Accessed at https://www.nipfp.org.in/publications/working-papers/1932/ Page 1 Working Paper No. 335 Financing Biodiversity and Ecosystems Conservation in India: Implications for Efforts and Outcomes Rita Pandey, Manish Gupta, Paavani Sachdeva, Abhishek Singh and Sumit Aggarwal Rita Pandey, Senior Fellow, National Institute of Public Finance and Policy, New Delhi, India (Corresponding Author @
[email protected]) Manish Gupta is Assistant Professor at the National Institute of Public Finance and Policy, New Delhi, India Paavani Sachdeva is a Graduate Assistant, Department of Agriculture and Consumer Economics, University of Illinois at Urbana Champaign, Abhishek Singh is Consultant with the Fifteenth Finance Commission, Government of India, India. Sumit Aggarwal, Analyst, Spark Capital, Chennai, India.
[email protected] Authors are grateful to Prof. Pinaki Chakraborty for useful comments and suggestions on an earlier draft of the paper. We acknowledge the financial support from UNDP, New Delhi for a NIPFP study report authored by the authors of this paper. This paper draws from that study. Accessed at https://www.nipfp.org.in/publications/working-papers/1932/ Page 2 Working Paper No. 335 Financing Biodiversity and Ecosystems Conservation in India: Implications for Efforts and Outcomes Abstract Biodiversity and Ecosystem (BE) conservation finance in India, is highly fragmented. Multiple institutions are involved in directing finance often with overlapping functions.