UN Nations Finalize $200 Billion Annual Biodiversity Funding Plan

Countries agree on financial roadmap and mechanisms to protect nature and biodiversity by 2030, overcoming prior deadlocks.

The agreement secures $200 billion annually for biodiversity protection by 2030, with $30 billion per year allocated to developing nations by the same deadline.
The plan includes creating the Cali Fund to ensure industries benefiting from biodiversity contribute to its conservation efforts.
The agreement follows a failed 2024 summit in Cali, Colombia, where disagreements over funding mechanisms stalled progress.
Participants emphasized the urgency of addressing biodiversity loss, with one million species at risk of extinction due to human activity.
The roadmap outlines steps for monitoring progress and ensuring accountability, with global leaders hailing it as a milestone for international cooperation.