Public funding for nature conservation stalls at COP16, eyes on private investment

FILE - Delegates attend the last plenary session of the COP16 Summit in Cali, Colombia, on November 1, 2024.

Wealthy nations appeared to hit a limit with how much they are willing to pay to conserve nature around the world, instead shifting their focus at the two-week U.N. biodiversity summit toward discussions of private money filling the funding gap.