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New Biodiversity Pledges Emerge at COP17, But Funding Gap Persists

Summary by IPS
Diego Mesa, GEF CEO and chairperson, addresses media on the status of finance mobilisation at COP17. Credit: Stella Paul/IPSBy Stella PaulYEREVAN, Armenia, Oct 30 2026 (IPS) The second week of COP17 was dominated by discussions on biodiversity finance, with new pledges announced and donor outreach intensifying. Yet as the summit approached its close, the financing gap for implementing the Kunming-Montreal Global Biodiversity Framework (KMGBF) re…

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The 17th Conference of the Parties of the United Nations (COP17) to the Convention on Biological Diversity (CBD) ends on Friday (30), in Yerevan, Armenia, with a little positive assessment of the progress made in global actions to contain the biodiversity crisis. The final document to be agreed among the 192 countries signatories to the Convention is still under discussion on Friday (30), but a version published by the secretariat of the Convent…

·Quadra, Brazil
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EREVÁN – The 17th Conference of the Parties (COP17) on biodiversity culminated this Friday 30 in the capital of Armenia with the announcement of new commitments and the intensification of efforts with donors, but maintaining virtually unchanged the funding gap for the implementation of the Kunming-Montreal Global Biodiversity Framework (MMB). [...]

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IPS broke the news in Rome, Italy on Friday, October 30, 2026.
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