--- title: COP16 concludes with $200bn nature financing agreement  description: Countries at the resumed COP16 talks in Rome in late February agreed to mobilise at least $200bn per year by 2030 for biodiversity conservation. They also established a “permanent arrangement”... --- [Skip to content](https://knowledge.curationcorp.com/knowledge/cop16-concludes-with-200bn-nature-financing-agreement#main-content) English Show submenu for translations ![Curation Logo Transparent (1)-1-1.png\]](https://knowledge.curationcorp.com/hs-fs/hubfs/Curation%20Logo%20Transparent%20(1)-1-1.png?height=41&name=Curation%20Logo%20Transparent%20(1)-1-1.png) Open main navigation Close main navigation - English Show submenu for translations - Go to curationcorp.com Go to curationcorp.com Welcome to the Ocean 14 Knowledge Base - There are no suggestions because the search field is empty. 1. [Ocean 14 Knowledge Base](https://knowledge.curationcorp.com/knowledge?hsLang=en) 2. [Rio Weekly - Innov8](https://knowledge.curationcorp.com/knowledge/rio-weekly-innov8?hsLang=en) # COP16 concludes with $200bn nature financing agreement Countries at the resumed COP16 talks in Rome in late February agreed to mobilise at least $200bn per year by 2030 for biodiversity conservation. They also established a “permanent arrangement” for biodiversity finance, ensuring continued funding beyond 2030. Despite geopolitical instability and previous stalled negotiations in Colombia, the agreement is seen as a victory for multilateralism. However, challenges remain – three-quarters of nations have not yet submitted their biodiversity plans and of those who have, many do not commit to protecting 30% of land and seas by 2030. The US, a major biodiversity donor, has withdrawn most of its nature funding under Donald Trump. ([Carbon Brief](https://www.carbonbrief.org/cop16-key-outcomes-agreed-at-the-resumed-un-biodiversity-conference-in-rome/))  **Why does this matter?** Biodiversity is [critical](https://www.who.int/news-room/fact-sheets/detail/biodiversity) to the ecosystem resources that humans rely on for their health, livelihoods and income, and it has an integral role in helping mitigate climate change. However, one [million](https://www.theguardian.com/environment/2025/feb/28/cop-16-climate-nature-funding-agreement) species face extinction while unsustainable farming and consumption continue to destroy forests, degrade soils and spread plastic pollution across the planet. Recent [research](https://livingplanet.panda.org/en-GB/) indicates that wildlife populations have declined by an alarming 73% between 1970 and 2020.   The impact of biodiversity loss is felt most deeply in developing countries, demonstrating the urgent need for financing and nature protection. Rio Tinto is a committed [supporter](https://www.riotinto.com/en/news/stories/exploring-nature-based-solutions) of conservation efforts and is a [member](https://www.businessfornature.org/call-to-action) of the Business for Nature’s Call to Action (B4N), which has mandated all large companies to report their impacts and dependencies on biodiversity by 2030.   The original COP16 summit in Cali, Colombia, was [suspended](https://www.theguardian.com/environment/2024/nov/03/cop16-ends-in-disarry-and-indecision-despite-biodiversity-breakthroughs) due to disagreements about biodiversity finance on 2 November. The Rome meeting [overcame](https://www.edie.net/nature-finance-breakthrough-nations-agree-on-landmark-200bn-by-2030-pledge/) these issues with the $200bn target, including commitments to raise $20bn annually for developing countries by 2025, rising to $30bn by 2030. The permanent financial mechanism, decades in the making, will support the delivery of key pledges under the Kunming-Montreal Global Biodiversity Framework (KMGBF), which was adopted in 2022 to halt and reverse biodiversity loss by 2030.   Countries also agreed on a roadmap to [develop](https://www.carbonbrief.org/cop16-key-outcomes-agreed-at-the-resumed-un-biodiversity-conference-in-rome/) the financial mechanism, including establishing its criteria by COP17 next year in Armenia, determining if it will take the form of a new fund by COP18, and, if so, ensuring it is operational by COP19 in 2030. They also agreed to reform existing financial institutions and mobilise funding from “all sources” to bridge the $200bn annual biodiversity funding gap. The executive secretary of the Convention on Biological Diversity (CBD) has also been requested to “facilitate an international dialogue” involving environment and finance ministers from both developing and developed countries to accelerate resource mobilisation.   Still, critics argued that the agreement did not go far enough with Bolivia’s negotiator, Juan Carlos Alurralde Tejada, [saying](https://www.theguardian.com/environment/2025/feb/28/cop-16-climate-nature-funding-agreement) that the text weakened commitments to biodiversity and paved the way to endless discussions about who will pay and how funds will be distributed. Datuama Cammue, the negotiator for Liberia, [added](https://www.theguardian.com/environment/2025/feb/28/cop-16-climate-nature-funding-agreement) that the UN process had been too slow and did not believe it would be possible to implement the biodiversity targets within five years.   Elsewhere, the Cali Fund, established at the November meeting, was formally [launched](https://www.un.org/sustainabledevelopment/blog/2025/02/press-release-cop16/) in Rome. The fund expects large companies, such as those in the pharmaceuticals, cosmetics and agricultural biotechnology, to contribute a portion of their profits or revenues voluntarily. At least 50% of the fund’s resources will be distributed to Indigenous people and local communities in recognition of their role as custodians of biodiversity.          - [Rio Weekly - Innov8](https://knowledge.curationcorp.com/knowledge/rio-weekly-innov8?hsLang=en) - [Accelerate](https://knowledge.curationcorp.com/knowledge/accelerate?hsLang=en) - [Aquaculture](https://knowledge.curationcorp.com/knowledge/aquaculture?hsLang=en) - [Ocean Sustainability](https://knowledge.curationcorp.com/knowledge/ocean-sustainability?hsLang=en) - [Carbon Capture & Sensors](https://knowledge.curationcorp.com/knowledge/carbon-capture-sensors?hsLang=en) - [Emerging Preservation Technology](https://knowledge.curationcorp.com/knowledge/emerging-preservation-technology?hsLang=en) [![Curation.png](https://knowledge.curationcorp.com/hs-fs/hubfs/black%20curation%20logo.png?width=1584&height=396&name=black%20curation%20logo.png "Curation.png")](http://curationcorp.com) Ocean 14 Knowledge Base Copyright © 2026, Curation Corporation Limited