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October 2, 2022 2:32 AM

World leaders pledge more support for nature before UN summit

by: Nivedita Pathak

United Nations

World leaders pledge more support for nature before UN summit

by: Nivedita Pathak

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TW Newsdesk, September 22:World leaders on September 20 stepped forward financial support and conservation commitments to fight the global biodiversity crisis that threatens over one million plant and animal species with extinction.

On the sidelines of the United Nations General Assembly meeting in New York, Germany pledged 1.5 billion euros each year in international biodiversity sponsoring — over doubling its present commitments.

Nations will gather soon in Montreal, Canada, for a critical U.N. biodiversity summit (COP15) to finalise and adopt a framework for the protection and conservation of nature.

According to a 2020 report by the World Economic Forum, more than half of the world’s GDP depends heavily on the natural world.

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