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‘A message of hope’: 6 European countries pledge €130 million to protect biodiversity

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on Euronews or enjoy below:

🗞️ Driving the news: Six European countries—Austria, Denmark, France, Germany, Norway, and the UK—pledged €130 million to the Global Biodiversity Framework Fund (GBFF) during COP16 in Colombia, aiming to protect ecosystems and wildlife
This pledge contributes to a recent €200 million boost to the fund, which was a major outcome of the Kunming-Montreal Agreement in 2022

🔭 The context: The GBFF was established to accelerate biodiversity protection and restoration, directing funds to projects in 24 countries, including Brazil, Mexico, and Fiji
A core goal is to protect 30% of the planet’s land and oceans by 2030, with Indigenous-led projects receiving 20% of the funding

🌍 Why it matters for the planet: Securing biodiversity is critical for mitigating climate change impacts and ensuring healthy ecosystems that support global food and water resources
Conservationists say much larger and sustained contributions are essential to prevent severe ecological losses

⏭️ What's next: Germany’s State Secretary urges other countries to join the funding drive, while NGOs stress the need for more robust, annual commitments from additional nations to safeguard biodiversity on a meaningful scale

💬 One quote: “This is about money and morale. A message of hope and global solidarity,” - Astrid Schomaker, Executive Secretary of the Convention on Biological Diversity

📈 One stat: The GBFF aims for 20% of its resources to be allocated to Indigenous-led projects, based on evidence of their vital role in biodiversity preservation

Click for more news covering the latest on biodiversity and ethical governance 

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