Key achievements
One of the major successes of the conference was the agreement to mobilize $200 billion per year by 2030, with funds primarily directed toward biodiversity conservation, particularly in the most vulnerable nations. Additionally, the Cali Fund was established—an initiative that will collect contributions from industries benefiting from biodiversity, such as the pharmaceutical and agri-food sectors.
Another significant milestone was the adoption of a blended financing model, combining public and private resources, along with the introduction of innovative financial instruments to support conservation efforts. At the same time, transparency obligations were reinforced, requiring nations to publish regular reports on their progress in protecting ecosystems.
However, despite these achievements, the conference also highlighted several challenges. The lack of a dedicated biodiversity fund before 2028, due to disagreements over resource management, remains a major concern. Moreover, the reliance on voluntary corporate donations raises doubts about whether the necessary funding will be secured. Another critical issue is the absence of immediate measures to eliminate harmful subsidies, which continues to slow the transition to more sustainable economic models.