UN summit ends without agreement on biodiversity funding
- The UN summit on nature conservation in Cali, Colombia, ended without reaching an agreement on biodiversity funding for species protection, after almost two weeks of discussions.
- Delegates did agree to create a permanent advisory body for Indigenous peoples concerning issues relevant to them, along with a fund for profit-sharing from genetic data.
- Despite plans proposed to protect nature, the governments failed to secure the necessary funding, as over a quarter of assessed species are now at risk of extinction.
81 Articles
81 Articles
COP16 Suspended Without Agreement on New Fund for Nature
Get latest articles and stories on India at LatestLY. The 16th UN biodiversity talks in Colombia's Cali were suspended on Saturday without an agreement on setting up a new fund for the protection of nature. India News | COP16 Suspended Without Agreement on New Fund for Nature.
The World Nature Conference in Colombia has failed to achieve a breakthrough on the key issue of who pays for species protection. This is also due to resistance from the EU.

UN talks on saving nature stumble on finance hurdle
CALI, COLUMBIA: The world's biggest nature conservation conference closed in Colombia on Saturday (Nov 2) with no agreement on a roadmap to ramp up funding for species protection. With other successes under its belt, the 16th Conference of Parties (COP16) to the UN's Conv
At the UN Conference on Species Conservation in Cali, Colombia, no agreement was reached on financing issues.
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