Global discussions to protect biodiversity have restarted in Rome, where nations are struggling to agree on funding needed to sustain life on Earth. Following a failed COP16 meeting in Colombia last year, representatives from developing countries called for wealthy nations to honor their $20 billion annual pledge by 2025. With biodiversity loss threatening a million species, negotiators emphasize that urgent funding is essential to reverse damage and ensure the survival of ecosystems, economies, and humanity as a whole.
Negotiators meeting at the UN's Food and Agriculture Organization headquarters in Rome are tasked with resolving a deadlock between rich and developing countries over whether to create a specific fund to finance nature conservation.
Without this, trust might be broken, Panama's representative said, urging the international community to ensure that overall financing beyond 2030 reflects the urgency of the biodiversity crisis.
The world is out of time. Global wildlife populations have plunged on average by 73 percent in 50 years, according to an October report from the World Wildlife Fund.
This is a matter of survival for ecosystems, economy and humanity. We cannot repeat the failures of climate finance; COP16.2 must deliver more than words, it must deliver funding.
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