Why COP16 nature finance negotiations flopped

Cecilia Keating
clock • 11 min read
COP 16 President Susana Muhamad gavels in a decision at COP16 | Credit: IISD/ENB | Mike Muzurakis
Image:

COP 16 President Susana Muhamad gavels in a decision at COP16 | Credit: IISD/ENB | Mike Muzurakis

BusinessGreen looks at why the Cali Biodiversity Summit failed to deliver the outcome that many observers had hoped for - and what it means for COP29 later this month

The COP16 Biodiversity Summit concluded on Saturday morning, after marathon round the clock talks came to an anticlimactic close in Cali, Colombia. The talks were the first meeting of the 196 countries...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Biodiversity

United Utilities expands peatland restoration goal after hitting 2030 target early

United Utilities expands peatland restoration goal after hitting 2030 target early

Water company to improve at least another 1,500 hectares of peatland in the next five years after restoring 3,000 hectares ahead of schedule

Stuart Stone
clock 28 July 2025 • 3 min read
How Seafields is farming a 'fast-growing' coastal threat to create biochar and other sustainable products

How Seafields is farming a 'fast-growing' coastal threat to create biochar and other sustainable products

Seafields CEO and co-founder, John Auckland, opens up about attracting support from Coldplay, lessons he has learned from open-ocean carbon removal, and the importance of regional partnerships in achieving scale

Stuart Stone
clock 28 July 2025 • 4 min read
Biodiversity Net Gain: Businesses and green groups warn against weakening of 'world leading' policy

Biodiversity Net Gain: Businesses and green groups warn against weakening of 'world leading' policy

More than two dozen organisations write to the government urging it to 'stay the course' with fledgling policy

Michael Holder
clock 24 July 2025 • 4 min read