HomeEnvironmentConservationTroubled biodiversity plan gets billion-dollar funding boost

    Troubled biodiversity plan gets billion-dollar funding boost

    Countries have yet to agree to protect at least 30% of land, a crucial target proposed in the global biodiversity deal.Credit: Roberto Schmidt/AFP via Getty

    A beleaguered global deal to save the environment got a financial boost last week when Germany announced that it was upping its funding for international biodiversity conservation to €1.5 billion (US$1.49 billion) a year — an increase of €0.87 billion — making it the largest national financial pledge yet to save nature. The announcement came at a 20 September meeting in New York City, where political leaders, businesses and conservation and Indigenous-rights groups came together to rally momentum and support ahead of the United Nations biodiversity summit in Montreal, Canada, in December.

    Conservationists welcomed the extra funding, but warned that other wealthy countries must also…

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