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biodiversity summit struggles to secure essential funding for conservation efforts
Countries at the UN COP16 biodiversity summit are struggling to secure adequate funding for conservation, with recent pledges totaling $163 million falling short of the billions needed. Advocacy groups express concern over the slow flow of funds amid escalating biodiversity loss, as only 17.6% of land and 8.4% of marine areas are currently protected. Negotiations continue on key issues, including Indigenous representation and financing strategies, as delegates aim to implement the 2022 Kunming-Montreal Global Biodiversity Framework.
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