Biodiversity protection: “$200 billion a year is needed,” says Ambassador Barbara Pompili

At the COP17 biodiversity conference in Yerevan, Armenia, French ambassador for the environment Barbara Pompili says $200 billion a year is needed to accelerate nature conservation. She welcomes the $20 billion annually mobilized by developed countries and urges major emerging economies and private investors to contribute more. Four years after the Montreal agreement set a target of protecting 30% of land and oceans by 2030, she notes growing state commitment despite mixed results. Pompili also calls for coherent environmental planning, warning against protecting forests while allowing poorly managed mining.