UN biodiversity summit comes to abrupt end as deal on global nature fund falls through

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UN biodiversity summit comes to abrupt end as deal on global nature fund falls through
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‘This is a delay we can’t afford as we see alarming evidence on a weekly basis the Earth is moving towards dangerous environmental tipping points’, said Grace Carr of Irish Wildlife Trust

Colombia's Environment Minister and president of COP16, Susana Muhamad, speaks to journalists at the blue zone of the COP16 summit in Cali, Colombia, on October 31st, 2024. Photograph: Getty Images, was suspended abruptly on Saturday as countries could not agree on the creation of a new global fund for nature after tense overnight talks.

‘We are highly embarrassed’: creator of Pakistan website behind non-existent Dublin Halloween parade says it was a mistakeThe unravelling of a housing minister: Eoghan Murphy opens up about sleeping pills, manic running, anxiety and tears That includes agreement on a separate new fund for countries to protect nature, to be paid into by companies that sell products, like drugs and cosmetics, based on genetic data from the natural world – known as digital sequence information. The proceeds will be used in nature conservation.

“This is a delay we can’t afford as we see alarming evidence on a weekly basis that the earth is moving towards dangerous environmental tipping points,” she added.

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