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U.N.-brokered biodiversity financing deal keeps green diplomacy alive

Three days of talks in Rome ended with nations agreeing to support a $200 billion a year global plan to protect nature.

COP16 biodiversity talks in Rome led to a funding deal for nature restoration in developing countries.
COP16 biodiversity talks in Rome led to a funding deal for nature restoration in developing countries. (Juanma Clemente-Alloza/Unsplash)

Delegates to a biodiversity summit at the last minute clinched a landmark agreement on how to pay for protecting more plant and animal species, overcoming the turmoil of a U.S.-led retreat from climate and green causes.

After intense negotiations, the agreement made at Rome in the early hours of Friday morning puts in place a strategy for raising at least $200 billion a year by 2030 to advance global biodiversity and conservation efforts.

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