The world has a new plan to save nature, but it still needs the money
Summary
Nearly 200 countries at the UN biodiversity summit in Yerevan agreed to speed up conservation efforts after recognizing that the world is off track to meet its 2030 nature-protection goals. The Yerevan Pathway calls for more support and better monitoring, but delegates and advocates said funding remains far below what is needed.Key Facts
- The 2022 Kunming-Montreal Global Biodiversity Framework set a goal of protecting about one-third of the world’s land and seas by 2030.
- The COP17 biodiversity summit concluded on Saturday after two weeks of talks in Yerevan, Armenia.
- The Yerevan Pathway calls for efforts to curb subsidies harmful to nature, increase support for developing countries, and strengthen monitoring and reporting.
- A fund established at the previous meeting for voluntary contributions from companies benefiting from genetic materials remained largely empty.
- Organizers said governments, philanthropists, and businesses announced nearly $2 billion in new commitments alongside the summit.
- The Netherlands pledged $500 million to Brazil’s Tropical Forest Forever Facility, which pays countries to keep forests standing.
- The article reports a 27 percent decline in environmental funding for protected and conserved areas during 2026–30.
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