Beyond getting countries to commit to conservation policies and plans, a top priority for the COP16 summit is finding new funding sources for poorer nations to meet nature goals. During the COP15 talks in 2022, negotiators set a goal for $20 billion annually by 2025 to help developing countries on biodiversity.

As nearly 200 countries meet for the summit in Colombia, they will be under pressure to prove their support for the goals laid out in the Kunming-Montreal Global Biodiversity Framework agreement

Two years after the landmark deal to halt nature destruction by 2030, many countries are falling behind on their commitments.

The nearly 200 countries meeting in Colombia for the United Nations COP16 summit must act urgently to mobilize billions of dollars to stop rapid nature destruction, U.N. leaders and national representatives urged as the talks opened on Monday.