Delegates from developing countries staged a late-night walkout as talks over funding broke down with wealthy nations at COP15.The current finance gap for biodiversity ranges between $600 billion and $825 billion per year.Delegates from developing countries at high-stakes UN talks on biodiversity staged a late-night walkout after talks broke down with wealthy nations over the contentious issue of funding, officials and non-profit groups said Wednesday.
At stake is the health of the Earth's ecosystems and the million plant and animal species threatened with extinction as a result of habitat destruction, pollution and the climate crisis. David Ainsworth, a spokesman for the UN Environment Programme, told reporters:"The atmosphere deteriorated when the group started discussing concepts, in particular the global biodiversity fund proposal" - a new fund sought by low income nations to help them achieve their objectives.China, which is chairing the summit, was set to hold a major meeting involving all heads of delegations to resolve the impasse.
_Business The UN must tell these entitled beggers to take a hike! They owe them nothing!
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