Brazil seeks consensus on biodiversity funding at UN talks

Brazil is leading efforts to resolve funding disputes at UN nature talks in Rome, aimed at addressing global species loss. Nations agree on the crisis but differ on funding delivery, which previously stalled talks in Colombia. On the final day of COP16, Brazil proposed a compromise to close the biodiversity financing gap and establish funding institutions. COP16 president Susana Muhamad emphasized the urgency of achieving nature protection targets by 2030. Countries aim to provide $200 billion annually for nature by 2030, with $30 billion from wealthier nations to poorer ones. The main contention is over a proposed biodiversity fund, opposed by wealthy nations citing concerns over fragmented aid.