A fair share of biodiversity finance: apportioning responsibility for the $20 billion target by 2025

In 2022, signatories to the Kunming-Montreal Global Biodiversity Framework (GBF) committed to provide at least $20-billion a year to restore biodiversity in developing nations by 2025. Just one year out, we are far from achieving this goal. With 55% of global GDP depending on high-functioning biodiversity and a quarter of known species globally facing extinction, the stakes for both people and planet are astronomically high. The GBF seeks to catalyse collective action towards stemming biodiversity loss. However our report finds that only two countries, Norway and Sweden, have paid their fair share of financing towards this goal. Instead, the collective nature of the goal has enabled countries to evade their individual responsibilities. The overwhelming majority do not even provide half of their fair share, leaving a $11.6-billion shortfall to the $20-billion target. →