In Rome, talks to protect Earth's biodiversity resume with money topping the agenda

In Rome, talks to protect Earth's biodiversity resume with money topping the agenda
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In Rome, talks to protect Earth's biodiversity resume with money topping the agenda
Author: Steven Grattan
Published: Feb, 25 2025 03:00

Summary at a Glance

“They eventually lost a quorum because people simply 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 these last critical decisions, which are some of the the nitty gritty decisions on financing, on resource mobilization and on the planning and monitoring and reporting requirements under the Global Biodiversity Framework.”.

“What was supposed to be a good Colombian telenovela in which people will actually bring the right resources, and the happy ending of bringing their money, could actually end up being a tragic Italian opera, where no one actually agrees to anything and everyone loses,” Soria said.

“It’s really about how do we collect the money and how do we get it distributed fairly, get it to the ground where it’s needed most, so that that’s really the core issue,” said Kruger.

“That message is that still, even with a very fragmented geopolitical landscape, with a world increasingly in conflict, we can still get an agreement on some fundamental issues," Muhamad said in a statement.

The talks in Colombia known as COP16 yielded some significant outcomes before they broke up in November, including an agreement that requires companies that benefit from genetic resources in nature — say, by developing medicines from rainforest plants — to share the benefits.

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