Nature finance impasse deepens between developed, developing countries at COP15

OTTAWA - With four days left to reach a new global agreement to conserve and restore nature, the marquee targets under negotiation atMore than 100 government ministers joined the talks on Thursday and Friday morning, a parade of them taking the microphone to promise they are very committed to achieving a new agreement to protect the earth's natural landscapes and wild species.

After an emergency negotiating session, they returned to the table Wednesday evening. But Thursday, developed nations led by the European Union made clear a new fund was not in the cards. European media also reported Thursday that French President Emmanuel Macron wrote to the European Union to say that a new fund was a “red line” for France.

The 30 per cent target is derived from a 2019 scientific analysis that suggested that is the bare minimum of what has to be protected. In 2020 a group of developed countries known as the High Ambition Coalition, of which Canada is a member, launched the 30 by 30 target as a goal for the next biodiversity framework.

Given the circumstances an agreement seems unlikely

well considering Europe is living in the dark ages again, I'll chip in my 2 bitts so the can enjoy a hot cup of tea and some crumpets in the future.

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