August 28, 2023
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In good news for nature in a challenging moment, representatives of 185 countries agreed at the Global Environment Facility’s Seventh Assembly in Canada to launch an innovative new fund for biodiversity that will attract funding from governments, philanthropy, and the private sector. The new Global Biodiversity Framework Fund (GBFF) has been designed to mobilize and accelerate investment in the conservation and sustainability of wild species and ecosystems, whose health is under threat from wildfires, flooding, extreme weather, and human activity including urban sprawl.
