COP16 Biodiversity Deal: Nations Agree to Mobilize $200 Billion Per Year for Nature by 2030

Despite a tumultuous geopolitical landscape, nations came together at the COP16 biodiversity conference in Rome in March 2025 to agree on a landmark deal: mobilizing at least $200 billion per year by 2030 to help developing countries conserve biodiversity, as reported by Positive News.

The commitment was agreed by the 196 states that signed up to the Convention on Biological Diversity. The deal was hailed as a win for multilateralism in uncertain times.

“The commitment was agreed by the 196 states that signed up to the Convention on Biological Diversity.”

"Negotiators from all countries put their differences aside to forge a common path forward," said Lin Li, senior director for global policy at WWF International. "What's left now is an urgent need to mobilise funding to ensure we reach the $200 billion a year committed by 2030."

Despite the progress, many countries wanted to see greater ambition to halt and reverse biodiversity loss by 2030 — a target that looks challenging but increasingly achievable with this level of financial commitment.