BIOFIN is an initiative of the United Nations Development Programme (UNDP) that works in partnership with national and local governments to finance projects that support biodiversity. The creators of the BIOFIN initiative noticed a lack of projects and systems that facilitate private and public investment in ecosystem restoration, with a focus on biodiversity. In Colombia, BIOFIN has worked with the national government to create systems that facilitate financing for the protection of the country's biodiversity. One of the most recent initiatives has been an investigation into the environmental impacts of specific subsidies in Colombia. The goal of this research is to reduce government investments in sectors that are damaging the country's biodiversity, and redirect funds to sectors that are more positive for ecosystems.