9 publishers · first seen Wed, 28 Oct 2026 10:34 UTC · updated Wed, 04 Nov 2026 10:29 UTC
COP17 concluded in Yerevan, Armenia, with countries agreeing on the Yerevan Pathway to accelerate action for nature, aiming to meet the 23 targets of the Kunming-Montreal Global Biodiversity Framework by 2030. The agreement calls for tackling harmful subsidies, increasing financial support for developing countries, and aligning national budgets with the framework. Nearly $2 billion in new biodiversity funding was announced, including $560 million from the Global Environment Facility and $500 million from the Species Recovery Alliance. The next conference, COP18, will be held in Ecuador in 2028.
At the halfway mark to 2030, a global review found the world off track to meet its biodiversity targets. The review urged countries to accelerate action, including by increasing ambition in addressing the gaps. Discussions focused on raising the necessary funds to help developing countries protect nature, with countries agreeing that non-donors can signal interest in contributing before COP18. The Yerevan talks marked the halfway point of the Kunming-Montreal Global Biodiversity Framework, with countries voting for Quito, Ecuador, to host COP18 in 2028.
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