GEF-9 replenishment nears $4.4B as UK, Spain, Uzbekistan pledge $60M at CBD COP17
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At CBD COP17, Nigeria called on developed countries to meet their commitment to mobilize $20 billion annually by 2025 and $30 billion by 2030 for biodiversity conservation in developing nations. The pledge, part of the Kunming-Montreal Global Biodiversity Framework, remains unmet, and Nigeria's push highlights ongoing North-South financing gaps. The outcome is uncertain as negotiations continue, but the issue is central to global biodiversity diplomacy.
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