Leaders From 185 Countries Launch Biodiversity Protection Fund
In a meeting of the Global Environment Facility (GEF)’s Seventh Assembly in Vancouver, Canada on Thursday, representatives from 185 countries agreed to launch a new global conservation fund, with Canada pledging 200 million Canadian dollars and the United Kingdom contributing 10 million pounds.
The United Nations is seeking contributions for the protection of 30 percent of terrestrial and coastal areas by 2030.
“The new Global Biodiversity Framework Fund (GBFF) has been designed to mobilize and accelerate investment in the conservation and sustainability of wild species and ecosystems, whose health is under threat from wildfires, flooding, extreme weather, and human activity including urban sprawl,” a press release from the Global Environment Facility said.