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Nations agree to fund aimed at restoring global biodiversity

Yesterday, representatives of 185 countries officially agreed to launch a new fund to ramp up investment in meeting major global biodiversity goals.

The new Global Biodiversity Framework Fund (GBFF) was ratified at the Global Environmental Facility’s (GEF) seventh assembly in Vancouver, Canada, with wildfires in British Columbia as a backdrop. This comes eight months after global delegates at the U.N. biodiversity conference (COP15) committed last December in Montreal to meet a set of goals inked into a global biodiversity framework. This framework is designed to help halt and reverse biodiversity loss and put nature on a path to recovery by 2030.

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