Thomson Reuters Foundation
September 28, 2020
Protecting the planet's plants, animals and ecosystems, and repairing the damage done to them by humans will take about $700 billion a year in extra funding over the next decade, requiring a huge boost in investment by governments and business, officials said on Monday.
The call came as Britain and Canada joined a coalition of countries that have promised to protect 30% of their land and seas by 2030 to stem "catastrophic" biodiversity loss.
The two nations also signed up to a separate pledge, uniting 70 countries and the European Union, to reverse the loss of biodiversity by 2030 through a green recovery from the COVID-19 pandemic, tackling pollution and deforestation, and boosting financing to safeguard the planet, among other commitments.