By Zoila Palma: The European Union is pressing for more countries to contribute to global biodiversity conservation as disagreements over funding responsibilities remain a major issue at the COP17 biodiversity summit in Yerevan, Armenia.
The EU wants wealthy emerging economies, including China and Gulf states, to join the list of countries expected to provide financial support for conservation efforts, AFP reports.
Currently, around two dozen mostly Western countries are formally expected to provide biodiversity financing under the United Nations biodiversity treaty.
However, the EU argues that the global economic landscape has changed since the treaty was adopted in 1992 and that the responsibility for funding conservation should reflect current economic realities.
Nearly 200 countries are attending the summit to assess progress toward global biodiversity targets for 2030, including commitments to protect ecosystems and threatened species.
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