$722 Billion Needed Annually to Protect the Environment
Closing Biodiversity Funding Gap is Key
Protecting and expanding protected areas around the world is a critical step in reversing the decline in biodiversity by 2030
A new global biodiversity action plan proposes spending $722 billion annually to close the funding gap and protect the environment.
The first draft of the plan emphasizes the importance of closing the funding gap to protect biodiversity. Some estimates put the global biodiversity funding gap at USD 598-824 billion per year by 2030.
The plan calls for a range of measures to protect biodiversity, including expanding protected areas, reducing pollution, and promoting sustainable agriculture. It also calls for increased funding for research and monitoring to track progress towards the 2030 targets.
The plan is a critical step in reversing the decline in biodiversity. If we do not act now, we will continue to lose the species and ecosystems that are essential for our planet's health.
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