Focus on $200 Billion Annual Conservation Financing
Efforts to Redirect Harmful Subsidies Toward Biodiversity
Key Decisions Needed for 2030 Global Targets
UN delegates have reconvened in Rome to finalize biodiversity financing after previous talks in Cali, Colombia, stalled over funding disputes. The negotiations center on mobilizing $200 billion annually to support conservation efforts under the Kunming-Montreal Global Biodiversity Framework.
Discussions include redirecting $500 billion in harmful subsidies and securing commitments from development banks, governments, and the private sector. The European Union is pushing for a resource mobilization deal and a strong monitoring framework. However, disagreements persist over financial pledges and equitable fund distribution. The outcome will be crucial for meeting 2030 biodiversity goals.
