Climate1 min read

Global nature talks reach deal but money remains an issue

By · Published by Everything Blog

In short

The Yerevan accord aims to reverse dangerous ecological declines, with human activities currently causing species to vanish at 100 times the natural rate. Progress remains precarious after a United Nations report revealed that the international community is on track to meet just one of the 24 targets established in 2022. While delegates secured over $1 billion in new pledges and advanced plans to scale back subsidies for harmful industries like large-scale trawling, talks were complicated by diplomatic friction from nations including Saudi Arabia and Russia.

Key points

  • Achieving international biodiversity goals remains severely compromised by delayed fundin…: Achieving international biodiversity goals remains severely compromised by delayed funding as government aid is redirected toward defense and energy issues.
  • Conservation initiatives have delivered tangible results by placing 623 million acres of…: Conservation initiatives have delivered tangible results by placing 623 million acres of degraded land under protection to aid species like tigers and elephants.
  • Political opposition continues to challenge ecological diplomacy, with countries such as…: Political opposition continues to challenge ecological diplomacy, with countries such as Russia and Saudi Arabia disrupting approvals of scientific nature assessments.

Sources checked by our analysis pipeline: 1

- Published

In Armenia's capital this week a fight between politicians broke out - not the mass brawl in its parliament that was so widely documented on social media - but between delegates from nearly 200 countries.

The world's nations have been gathered in Yerevan for nearly two weeks negotiating, and arguing, over a new agreement on nature.

Early on Saturday morning, hours after talks were due to finish, they finally agreed the key parts of a new action plan.

"And that's it. Perfect," said the meeting president, Hambardzum Matevosyan.

Four years earlier the same countries had signed a landmark deal committing to "halt and reverse" the decline of nature.

That global deal in 2022 - the Global Biodiversity Framework - contained 24 targets including putting 30% of the world's land and seas into protection by the end of the decade.

They agreed that action was urgent.

The world is currently in a sixth mass extinction event with species becoming extinct at 100 times the natural rate because of human activities, scientists say.

But according to the UN this week,,…

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