The issue of funding for biodiversity targets could lead to a compromise in Rome, where COP16 on biodiversity is due to conclude, after a setback in Colombia in November 2024 (see EUROPE B13517A15).
The Colombian Presidency of COP16 submitted a new compromise proposal on resource mobilisation on Wednesday 26 February. A source of contention, the creation of a global financing instrument for biodiversity would not be the subject of a decision before 2026, at COP18, as the Colombian...