Nature 'Piracy,' Funding Battles Will Dominate UN Biodiversity Summit.

Delegates from nearly 200 countries are convening in Cali, Colombia for the UN biodiversity summit to address the alarming rate at which nature is disappearing. The summit aims to assess progress on implementing the 2022 Global Biodiversity Framework, which includes goals such as protecting 30% of the world's land and sea. Key issues at the summit include combatting 'biopiracy,' ensuring countries submit national biodiversity plans, and raising $700 billion annually for nature protection and restoration. Developed countries have committed to contributing $20 billion per year by 2025 to poorer nations, but challenges remain in allocating funds effectively. [Extracted from the article]