International Dialogue on Ecological Fiscal Transfers (EFT)

Advancing Biodiversity Finance through Ecological Fiscal Transfers

CSGE participated in the International Workshop on “Ecological Fiscal Transfers as a Tool to Finance Biodiversity, Climate and Nature Action,” organised by IORA Ecological Solutions in New Delhi. The event brought together national and international experts, policymakers, researchers, and practitioners to explore innovative fiscal mechanisms that support biodiversity conservation, climate resilience, and sustainable environmental governance.

CSGE at the Dialogue

Representing CSGE, Shri A. M. Singh, CEO, participated as an expert panellist in the session on India’s Ecological Fiscal Transfer (EFT) Journey. Drawing on his extensive experience with the 13th and 14th Finance Commissions, he shared insights into strengthening Ecological Fiscal Transfer mechanisms as an effective tool for financing biodiversity conservation and promoting sustainable development.

Key Discussion Themes

The dialogue focused on several critical areas shaping the future of ecological financing:

  • Strengthening Ecological Fiscal Transfer (EFT) mechanisms
  • Enhancing biodiversity financing
  • Moving from forest cover-based funding towards quality-based ecological indicators
  • Integrating dynamic environmental parameters into fiscal allocation
  • Improving transparency and reliability of ecological data
  • Promoting evidence-based fiscal policies for conservation and climate action

Event Significance

CSGE’s participation reaffirmed its commitment to advancing science-based environmental governance, innovative biodiversity financing, and policy-driven conservation strategies. The dialogue provided an important platform for exchanging knowledge, strengthening institutional collaboration, and contributing to national and global discussions on sustainable financing for nature and climate action.

Author: A M Singh

01.08.2026

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