The task of halting nature loss by 2030 is slipping out of reach, ministers have warned, as countries from around the world came to a hard-won compromise on nature finance after marathon negotiations in Rome.
Delegates at the UN biodiversity conference – known as Cop16 – broke into applause after finally reaching a deal in the Eternal City following a night of tense and painstaking discussions. Cop16 president Susana Muhamad wept as she brought down the gavel on the agreement outlining a roadmap for nature finance. The agreement broke a deadlock at UN talks seen as a test for international cooperation in the face of geopolitical tensions.