BBC News·4 min read·medium

Global nature talks reach deal but money remains an issue

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Global nature talks reach deal but money remains an issue
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Delegates from nearly 200 countries have reached a new agreement on nature conservation in Armenia, though concerns remain regarding funding and the slow pace of progress. Despite the deal, the UN notes that the world is failing to meet most of the targets set in the 2022 Global Biodiversity Framework.

Why it matters

The agreement highlights the ongoing struggle to balance economic development with the urgent need to halt the current mass extinction event.

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Image source, Andrew Parkinson/WWF Image caption, Elephants in Southern Africa are one of the species that have recovered after recent conservation efforts

In Armenia's capital this week a fight between politicians broke out - not the mass brawl in its parliament that was so widely documented on social media - but between delegates from nearly 200 countries.

The world's nations have been gathered in Yerevan for nearly two weeks negotiating, and arguing, over a new agreement on nature.

Early on Saturday morning, hours after talks were due to finish, they finally agreed the key parts of a new action plan.

"And that's it. Perfect," said the meeting president, Hambardzum Matevosyan.

Four years earlier the same countries had signed a landmark deal committing to "halt and reverse" the decline of nature.

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