With countries digging into their positions at U.N. negotiations for a global deal to protect nature, delegates were looking to government ministers on Thursday to help resolve key sticking points around financing and land conservation commitments.
to go into the final pact before the summit ends on Dec. 19, delegates said.
Government ministers arriving Thursday from more than 120 countries could help move the talks forward. "There were several funding proposals brought forward by developing countries," said a negotiator from a Latin American country. "We were told that none would work." The EU pushed back against such calls on Wednesday, saying it was important to look at other funding sources — private donors, development banks and philanthropies.
One of the proposed targets could see countries agree to eliminate or phase out these subsidies by at least $500 billion per year.
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