October 29, 2024 12:45 PM
UN COP16 nature talks gridlocked as conservation funding trickles in
Countries were at an impasse over how to fund conservation and other key decisions as the U.N. COP16 biodiversity summit entered its second week on Monday, with nations pledging millions of dollars rather than the billions needed. Seven countries and one provincial government pledged an additional $163 million to the Global Biodiversity Framework Fund on Monday, dubbed the summit's "finance day." The fund was established to help realize the goals laid out in the landmark 2022 Kunming-Montreal ...