By Justin Catanoso Delegates and observers applauded, with caveats, the delayed conclusion of the 16 United Nations Convention on Biological Diversity, or COP16, in Rome on Feb. 28. The big takeaway was an agreement by the world’s nations to a multiprong pathway to raising $200 billion annually by 2030 to help reverse the rate of global species

“These days of work in Rome have demonstrated the commitment of the parties ... focusing on securing funds to meet ambitious targets set in Montreal in 2022. The Cali meetings ended without a quorum as talks ran into overtime and too few delegates ...

in Rome. (Cecilia Fabiano/LaPresse via AP) But two weeks turned out to be not enough time to get everything done. The Cali talks followed the historic 2022 COP15 accord in Montreal, which included 23 measures aimed at protecting biodiversity. Those ...

A three-day meeting on the Convention on Biological Diversity that just wrapped up in Rome will go down in history as a landmark, reviving hope on multilateral decision-making to address the greatest challenges of our time.

After intense negotiations, Parties to the Convention agreed on a way forward in terms of resource mobilization with a view to close the global biodiversity finance gap and achieve the target of mobilizing at least 200 billion dollars a year by 2030, including 20 billion USD a year in international flows by 2025, rising to 30 billion USD by 2030.

Countries convened in Rome have succeeded in agreeing on a financial plan to generate $200 billion annually by 2030 to counteract biodiversity loss. The deal, a triumph of multilateralism, was spearheaded by BRICS nations,

The second round of COP16 concluded in the early hours of Friday in Rome with an agreement to close the global biodiversity finance gap.

“Montreal was about the ‘what’ — what ... went home,” said Linda Krueger of The Nature Conservancy, who is in Rome for the two days of talks. “And so now we’re having to finish ...