Climate Home News
28 August, 2023
A new global fund supporting the protection of nature in developing countries has been launched, but questions remain over how it will be financed.The Global Biodiversity Framework Fund (GBFF) aims to help countries reach the nature protection targets set by the breakthrough Kunming-Montreal biodiversity deal signed last year.
The fund, which will contribute to the goal of protecting 30% of the world’s land and water ecosystems by 2030, has been set up by the Global Environmental Facility (GEF), a multilateral financial partnership.
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