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The Independent UK
The Independent UK
National
Michael Casey

Fundraising to protect oceans, forests and other key nature sites falling short ahead of UN summit

Climate Biodiversity Conference - (Copyright 2026 The Associated Press. All rights reserved)

Efforts to raise hundreds of billions of dollars to preserve the world's oceans, forests, rivers, lakes and other parts of the natural world have fallen short ahead of a key U.N. summit on biodiversity.

The yawning gap between the stated ambition of nations to protect biodiversity and what money has been raised will be a central topic in Yerevan, Armenia, when the biodiversity conference, known as COP17, gets started on Monday. The nearly two-week event, scheduled to end Oct. 30, is a chance for nearly 200 countries that are part of the treaty to take stock of their progress on 23 global targets after agreeing to a historic deal crafted in Montreal in 2022. The United States is not a party to the treaty.

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