UK among first to back new nature recovery fund

The UK has pledged to contribute millions to the newly launched Global Biodiversity Framework Fund (GBFF) in a bid to restore and project global biodiversity.

Over 185 environment leaders convened in Canada for the seventh Global Environment Facility where nature minister Trudy Harrison pledged a contribution of £10m to the fund, making the UK among the first countries to back the fund.

The fund will support the plans outlined in the Kunming-Montreal Global Biodiversity Framework (GBF), which has been agreed on by almost 200 countries, to halve and reverse global biodiversity loss by 2030.

The GBFF will build on the existing work of the Global Environment Facility, which supports developing countries tackle environmental problems.

The UK also committed to spend £3bn of its almost £12bn International Climate Finance pledge on the restoration, protection and sustainability management of nature.