'Wealthy nations must agree to a viable path to direct at least $60 billion in public funding to developing nations to prevent extinctions, safeguard clean water, and maintain the healthy natural systems on which communities rely,' said one campaigner.
Comparing the framework to the 2015 Paris agreement, BirdLife International CEO Patricia Zurita said Tuesday that"ending the biodiversity crisis is as important to the future of humanity as stopping climate change."
According to the groups, adequately addressing the biodiversity crisis would cost about $844 billion annually—$711 billion more than is currently being spent.released The joint demand for countries such as Canada, Japan, the United Kingdom, the United States, and members of the European Union to dramatically increase international finance for biodiversity came a day after a new Intergovernmental Panel on Climate Change Noting that the biodiversity and climate crises are related, the IPCC said that human-caused global heating and worsening extreme weather are already endangering species and ecosystems worldwide, and those risks will continue to escalate as...
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Conservation groups call for rich nations to bankroll biodiversity effortsEnvironment groups are calling for wealthy nations to boost spending on biodiversity conservation in developing countries and in that way account for the harm done by international trade.
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Study: Rich nations cause climate harm to poor nationsFor example, the data shows that the top carbon emitter over time, the United States, has caused more than $1.9 trillion in climate damage to other countries from 1990 to 2014, including $310 billi…
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Activists Say WTO Deal on Vaccine Patents Is 'Sham' Dictated by Rich NationsThe WTO's Ministerial Conference ended with an agreement on patent rights that campaigners said would do virtually nothing to address vast global inequities in coronavirus vaccine and treatment access.
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South Africa says it is still analyzing details of $8.5 billion climate deal with rich nationsSouth Africa's government is still analysing details of a $8.5 billion financing package offered by rich Western nations last year to help the country shift away from coal, environment minister Barbara Creecy said on Tuesday.
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Rich nations must stick to climate promises, says U.S. envoy KerryThe world's richest nations must implement their promises to keep alive a global goal to avoid the worst impacts of climate change, U.S. climate envoy John Kerry told Reuters on Saturday.
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