Photo is of currencies designed by David Haenke for the Ozarks bioregion and North America.
“When an economic system actively destroys what we love, isn’t it time for a different system?”
-Robin Wall Kimmerer, The Serviceberry
At its core, BioFi is a framework that enables the flow of financial capital and other multi-capital resources to the regeneration of ecosystems, culture, and communities in bioregions. More broadly, BioFi is also a philosophy rooted in and informed by: systems thinking, bioregionalism, living systems science, Indigenous ways of knowing, permaculture, the rights of nature, regenerative economics, nonviolence, decolonization, and social justice.
BioFi aims to catalyze the transformation of financial and economic systems from global, homogenized, abstract, and rooted in a reductionist paradigm to place-based, community-owned and governed, relational, anti-fragile, aligned with living systems principles and Indigenous wisdom, and rooted in a Gaian (see the Gaia hypothesis) or whole systems worldview.
There are a wide range of BioFi-aligned tools, templates, mechanisms, and approaches – a range of which are laid out in the 2024 book Bioregional Financing Facilities: Reimagining Finance to Regenerate Our Planet. However, there are many more organizations that work in alignment with the patterns and principles of BioFi.
Central to the BioFi approach are the following objectives: