Reported about 10 hours ago
At the 16th United Nations Biodiversity Conference (COP16) in Rome, over 140 nations agreed on a strategy to mobilize $200 billion annually for biodiversity restoration, though they postponed the establishment of a new global nature fund until 2028. The finance strategy aims to meet the ambitious targets of the Kunming-Montreal Global Biodiversity Framework, which includes safeguarding water, reducing food waste, and cutting harmful chemical usage. While the agreement urges developed nations to increase financial support for poorer countries, some developing nations expressed disappointment over the lack of immediate funding solutions.
Source: YAHOO