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Fundraising to protect oceans, forests and other key nature sites falling short ahead of UN summit
Countries have raised only $19 billion in 2024, far below the $200 billion annual goal, as negotiators press for more support for poorer nations.
- On Monday, the biodiversity conference known as COP17 begins in Yerevan, Armenia, where attendees face a yawning gap between nations' conservation ambitions and the actual money raised to protect the natural world.
- Data shows nations raised only $75 billion to $92 billion annually from 2023 to 2025—less than half the 2030 goal—despite the 2022 Montreal commitment to protect 30% of land and water by 2030.
- Patricia Zurita, Conservation International's executive director, said governments cannot reverse biodiversity loss while financing activities like deforestation with an estimated $7.3 trillion in subsidies that harm nature.
- Congo biodiversity negotiator Daniel Mukubi agreed it is 'not possible to scale up protected and conserved areas' without sufficient financial help, as many developing nations struggle to finance conservation alongside public services.
- According to the WWF's 2026 Living Planet Report, wildlife populations have declined on average by 73% since 1970, fueling hopes that attendees will use the summit next week to announce major new funding initiatives.
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The Toronto Star+9 Reposted by 9 other sources
Fundraising to protect oceans, forests and other key nature sites falling short ahead of UN summit
Efforts to raise hundreds of billions of dollars to preserve the world's oceans, forests, rivers, lakes and other parts of the natural world have fallen short ahead of a key U.N. summit on biodiversity.
·Toronto, Canada
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Fundraising to protect oceans, forests and other key nature sites fall
Efforts to raise hundreds of billions of dollars to preserve the world’s oceans, forests, rivers, lakes and other parts of the natural world have fallen short ahead of a key U.N. summit on biodiversity. The yawning gap between the stated ambition of nations to protect biodiversity and what money has been raised will be a central topic in Yerevan, Armenia, when the biodiversity conference, known as COP17, gets started on Monday. The nearly two-we…
·Baltimore, United States
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Total News Sources12
Leaning Left7Leaning Right1Center4Last UpdatedBias Distribution59% Left
Bias Distribution
- 59% of the sources lean Left
59% Left
L 59%
C 33%
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