Economy needs sufficient biodiversity financing

Biodiversity, which is described as the diversity of living organisms and the ecosystems of which they are a part, is said to be critical towards the sustenance of the agricultural and tourism sectors, which are the main contributors to the economy at national and local levels.

Permanent secretary in the Ministry of Environment, Natural Resources Conservation and Tourism, Jimmy Opelo said while biodiversity and ecosystem services are central to the economy and development of the country, the value is often ignored and only realised when the provision of ecosystem services is impaired.