"Conservation summit agrees global levy on drugs from nature’s genetics and stronger indigenous representation, but developing nations furious at unmet funding promises".
"A global summit on halting the destruction of nature ended in disarray on Saturday, with some breakthroughs but key issues left unresolved.
Governments have been meeting in Cali, Colombia, for the first time since a 2022 deal to stop the human-caused destruction of life on Earth. Countries hoped to make progress during the two-week summit on crucial targets such as protecting 30% of the Earth for nature and reforming parts of the global financial system that damage the environment.
Negotiations were due to finish on Friday evening but ended in confusion on Saturday morning after almost 12 hours of talks. Governments failed to reach a consensus on key issues such as nature funding and how this decade’s targets would be monitored. Many were forced to leave the talks early to catch flights, and negotiations were suspended at 8.30am when fewer than half of the countries were present, and the meeting lost quorum. Countries will need to continue the talks next year at an interim meeting in Bangkok."
Patrick Greenfield and Phoebe Weston report for the Guardian November 3, 2024.
SEE ALSO:
"Global Summit on Nature Adopts a Novel Way to Pay for Conservation" (New York Times)
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