After three days of negotiations in Rome, nations have reached a significant agreement to fund biodiversity initiatives in poorer countries, overcoming previous stalemates. Delegates celebrated this decision at the conclusion of the UN Biodiversity Conference, expressing gratitude for the collective efforts. Key discussions revolved around creating a new fund to support biodiversity, as existing mechanisms were deemed insufficient. With support from developing nations, the urgency for sustainable practices was emphasized by leaders like former Colombian minister Mohamed, highlighting the critical need for cooperation to sustain life on Earth.
The applause is for all of you. You have done an amazing job.
The main sticking points were over mechanisms to deliver funding for biodiversity protection to poorer nations.
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