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Wildlife & Biodiversity

DTE Coverage: GEF meet allocates funds for biodiversity

Funding mechanism to be ratified in August

Vibha Varshney

Failure to find adequate funds may hamper Kunming-Montreal biodiversity targets


The Global Environment Facility has to ensure that the Global Biodiversity Framework Fund has access to at least $200 billion per year by 2030
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Brazil GEF meet: Over half a billion dollars set aside for work on biodiversity


Adequate funds are needed to meet the 4 goals & 23 targets set under the Kunming-Montreal biodiversity framework by 2030
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Brazil GEF meet: Agreement on new biodiversity conservation fund; to be ratified in August


Indigenous peoples and local communities to get 20 per cent of the funds
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