By Jake Spring(Reuters) - The world in 2022 reached its most ambitious deal ever to halt the destruction of nature by decade's end.
As nearly 200 nations meet on Monday for a two-week U.N. biodiversity summit, COP16, in Cali, Colombia, they will be under pressure to prove their support for the goals laid out in the Kunming-Montreal Global Biodiversity Framework agreement.
A top concern for countries and companies is how to pay for conservation, with the COP16 talks aiming to develop new initiatives that could generate revenues for nature.
MONEY FOR NATUREBeyond getting countries to commit to conservation policies and plans, a top priority for the COP16 summit is finding new funding sources for poorer nations to meet nature goals.
During the COP15 talks in 2022, negotiators set a goal for $20 billion annually by 2025 to help developing countries on biodiversity.

Analysis-World lags on 2030 nature goals headed into UN COP16 talks By Reuters