Overview
- The COP17 presidency brought down the gavel on Oct. 30 after nearly two weeks of negotiations and approved two hard‑fought texts that keep the Kunming‑Montreal 2030 targets alive.
- Delegates left without clear decisions on the global stocktake, meaning the detailed review of progress toward the 23 targets is only partially settled and will need more work at future meetings.
- Finance remained the central sticking point as parties failed to close deals on predictable public and private funding and on governance for the Cali Fund, which has raised roughly $10,000 against a $1 billion‑per‑year aspiration.
- Negotiators also could not agree on firm pathways to phase out or redirect nature‑harmful subsidies, and disputes over the role of scientific reports complicated consensus on next steps.
- Despite the multilateral stalemate, some countries reported domestic advances such as India’s updated national plans and a national biodiversity data portal, and Ecuador was selected to host the 2028 biodiversity summit.