Bickering over who should pay for biodiversity leads to mediocre results at UN summit in Yerevan
The recent UN biodiversity summit in Yerevan concluded with minimal financial commitments to address biodiversity loss, despite acknowledging the crisis. Negotiations extended over 15 hours due to disagreements on key issues. The main outcome was the adoption of the Global Review and the Yerevan Pathway, urging countries to collaborate and allocate funds for conservation. However, the financial pledges were disappointing, with only symbolic contributions to the proposed biodiversity fund. Experts expressed concerns about the effectiveness of such meetings, questioning their impact on urgent biodiversity challenges. The summit highlighted the ongoing struggle to secure meaningful commitments and the need for more decisive action.