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Developed countries urged to ‘step up’ contributions to global nature fund

Developed countries urged to ‘step up’ contributions to global nature fund

Canada and UK only donor countries to contribute so far, leaving scheme short of $40m to formally launch

Developed countries have been urged to contribute to a new nature fund after it was left undercapitalised by $40m (£32m), receiving money from just two donors.

At the Cop15 biodiversity summit in December, where countries agreed this decade’s biodiversity targets that included aims to protect 30% of Earth, governments agreed to the creation of a fund to help developing countries meet the deal’s aims, which included a target to provide $200bn for nature a year by 2030.

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