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CBD COP16 2025 - Cali Fund
March 4 , 2025
9 hrs 0 min
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- COP16 to the Convention on Biological Diversity (CBD) in Rome have reached a historic agreement on financing global conservation goals.
- The conference, which had been paused in Cali, Colombia, in 2024, resumed in Rome on February 2025.
- The agreement establishes long-term financial mechanisms under the CBD.
- It includes enhancing existing funding sources and exploring new ones, such as private sector contributions and blended finance.
- The Governments pledged to mobilise $200 billion annually by 2030.
- It was including $20 billion per year by 2025, rising to $30 billion per year by 2030 from international sources.
- The Global Environment Facility (GEF) has already allocated over $3 billion in support of biodiversity goals, leveraging an additional $22 billion, including $1.9 billion from the private sector.
- The COP17 is to be held in Armenia in 2026.
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