UN General Assembly 2023: Crucial biodiversity fund gets enough money to be operational
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India, Sept. 20 -- Nature and People: From Ambition to Action side event alsosaw new contributions toward target of conserving 30% land & ocean by 2030
At a high-level event, Nature and People: From Ambition to Action, at the ongoing 78th session of the United Nations General Assembly in New York, the government of Germany pledged to contribute 40 million euros to the Global Biodiversity Framework Fund (GBFF).
With this, the Fund, crucial for meeting the targets and goals set under the Kunming-Montreal Global Biodiversity Framework, has sufficient funds to be operational. The GBFF was ratified in August at the Global Environment Facility Assembly but needed $200 million from at least three donors by December 2023 to be operational. At t...
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