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ClimateQuiet 8d · day 9

COP17 biodiversity summit ends with pledge but no funding deal

Nearly 200 countries agreed to speed up nature protection in Yerevan, but failed to resolve who pays the hundreds of billions needed.

newest coverage 7d agosummary written 7d ago4 pieces NewswiresGoogle NewsMastodonReddit

What to know

  • COP17 in Yerevan closed with a pledge to accelerate biodiversity protection by 2030, but no deal on expanding which countries pay for conservation.
  • The U.N. estimates a $700 billion annual biodiversity financing gap, with wealthy and newly rich nations disputing who bears responsibility.
  • Unresolved issues, including private-sector funding via the Cali Fund and Indigenous involvement in decision-making, carry over to COP18 in Ecuador in 2028.

Hambardzum Matevosyan Armenian Environment Minister, COP17 presidentSteven GuilbeaultSteven Guilbeault Former environment minister of CanadaMonique BarbutMonique Barbut France's environment minister

COP17 biodiversity summit ends with pledge but no funding deal
politico.eu

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts

Peak 2 pieces in two hours at Oct 31, 3 AM; 4 pieces over 9 days (2 articles · 2 posts) Oct 30, 9 PM — 1 piece · 1 article — Google News 1Oct 30, 11 PM — quietOct 31, 1 AM — quietOct 31, 3 AM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Oct 31, 5 AM — quietOct 31, 7 AM — quietOct 31, 9 AM — quietOct 31, 11 AM — 1 piece · 1 post — Reddit 1Oct 31, 1 PM — quietOct 31, 3 PM — quietOct 31, 5 PM — quietOct 31, 7 PM — quietOct 31, 9 PM — quietOct 31, 11 PM — quietNov 1, 1 AM — quietNov 1, 2 AM — quietNov 1, 4 AM — quietNov 1, 6 AM — quietNov 1, 8 AM — quietNov 1, 10 AM — quietNov 1, 12 PM — quietNov 1, 2 PM — quietNov 1, 4 PM — quietNov 1, 6 PM — quietNov 1, 8 PM — quietNov 1, 10 PM — quietNov 2, 12 AM — quietNov 2, 2 AM — quietNov 2, 4 AM — quietNov 2, 6 AM — quietNov 2, 8 AM — quietNov 2, 10 AM — quietNov 2, 12 PM — quietNov 2, 2 PM — quietNov 2, 4 PM — quietNov 2, 6 PM — quietNov 2, 8 PM — quietNov 2, 10 PM — quietNov 3, 12 AM — quietNov 3, 2 AM — quietNov 3, 4 AM — quietNov 3, 6 AM — quietNov 3, 8 AM — quietNov 3, 10 AM — quietNov 3, 12 PM — quietNov 3, 2 PM — quietNov 3, 4 PM — quietNov 3, 6 PM — quietNov 3, 8 PM — quietNov 3, 10 PM — quietNov 4, 12 AM — quietNov 4, 2 AM — quietNov 4, 4 AM — quietNov 4, 6 AM — quietNov 4, 8 AM — quietNov 4, 10 AM — quietNov 4, 12 PM — quietNov 4, 2 PM — quietNov 4, 4 PM — quietNov 4, 6 PM — quietNov 4, 8 PM — quietNov 4, 10 PM — quietNov 5, 12 AM — quietNov 5, 2 AM — quietNov 5, 4 AM — quietNov 5, 6 AM — quietNov 5, 8 AM — quietNov 5, 10 AM — quietNov 5, 12 PM — quietNov 5, 2 PM — quietNov 5, 4 PM — quietNov 5, 6 PM — quietNov 5, 8 PM — quietNov 5, 10 PM — quietNov 6, 12 AM — quietNov 6, 2 AM — quietNov 6, 4 AM — quietNov 6, 6 AM — quietNov 6, 8 AM — quietNov 6, 10 AM — quietNov 6, 12 PM — quietNov 6, 2 PM — quietNov 6, 4 PM — quietNov 6, 6 PM — quietNov 6, 8 PM — quietNov 6, 10 PM — quietYesterday, 12 AM — quietYesterday, 2 AM — quietYesterday, 4 AM — quietYesterday, 6 AM — quietYesterday, 8 AM — quietYesterday, 10 AM — quietYesterday, 12 PM — quietYesterday, 2 PM — quietYesterday, 4 PM — quietYesterday, 6 PM — quietYesterday, 8 PM — quietYesterday, 10 PM — quietToday, 12 AM — quietToday, 2 AM — quietToday, 4 AM — quietToday, 6 AM — quietToday, 8 AM — quietToday, 10 AM — quiet 12
Oct 31Nov 1Nov 2Nov 3Nov 4Nov 5Nov 6yesterdaynow · 11:26 AM ET
  1. 2

    Unresolved funding fight pushed to COP18 in Ecuador

    Negotiators leave Yerevan with issues still unresolved before the 2028 COP in Ecuador, including how to draw more corporate funding into conservation through the Cali Fund, the private-finance vehicle created in 2024.

    “If we're mutually unhappy that's probably the closest we can get to on these very delicate compromises…”
    — A member of the Swiss delegation, Swiss negotiator · source
  2. background

    Guilbeault says COP17's legacy depends on follow-through — Former Canadian environment minister Steven Guilbeault said the summit was always going to be difficult and that its real legacy will be determined by whether commitments translate into action after Yerevan.

  3. background

    COP17 president calls outcome more than expected — Armenian Environment Minister Hambardzum Matevosyan, who presided over the summit, said negotiators had achieved more than anticipated despite the funding impasse.

  4. 1

    Nearly 200 nations adopt accelerated biodiversity pledge

    COP17 closed on Saturday with countries agreeing to "accelerate the implementation" of the global biodiversity framework, but without resolving disagreement over which countries should fund conservation efforts.

  5. background

    France's environment minister warns world is off track — During a COP17 plenary session, Monique Barbut said the world is not on track to stop and reverse biodiversity loss by 2030 and called for mobilizing all international funding sources.

  6. background

    COP17 biodiversity talks open in Yerevan, Armenia — Nearly 200 countries began two weeks of negotiations aimed at speeding up implementation of the global biodiversity framework and closing a $700 billion annual financing gap.