The world needs $700bn a year to restore nature. But where is the money coming from?
Briefly

from www.theguardian.com3 months ago
The world needs $700bn a year to restore nature, yet funding remains uncertain as negotiations among nearly 200 countries reveal frustration with wealthy nations' commitment.
www.theguardian.comhttps://www.theguardian.com/environment/2024/oct/30/the-world-needs-700bn-a-year-to-restore-nature-but-where-is-the-money-coming-from
Alice Jay highlighted that $163m in new pledges made on finance day are insufficient, emphasizing that $300m is needed each month until 2025 to close the gap.
www.theguardian.comhttps://www.theguardian.com/environment/2024/oct/30/the-world-needs-700bn-a-year-to-restore-nature-but-where-is-the-money-coming-from
Oscar Soria criticized the negotiation gridlock, describing the promised contributions as paltry, underlining the urgent need for substantial financial commitments from richer nations.
www.theguardian.comhttps://www.theguardian.com/environment/2024/oct/30/the-world-needs-700bn-a-year-to-restore-nature-but-where-is-the-money-coming-from
The Africa Group expressed deep concern over the slow progress and skepticism about wealthy nations fulfilling their 2025 finance targets, with time running out.
www.theguardian.comhttps://www.theguardian.com/environment/2024/oct/30/the-world-needs-700bn-a-year-to-restore-nature-but-where-is-the-money-coming-from
Read at www.theguardian.com
#biodiversity #funding #conservation #climate-change #cop16
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