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Tokayev Announces International Fund for Rare Species at Summit

By Drooid · Oct 17, 2026, 2:51 PM UTC · How we work

Summary

Awad Urges Finance

Egyptian Development and Environment Minister Manal Awad called for increased nature-positive finance at the Leaders for Nature summit in Yerevan.
Chinese Minister Huang Runqiu urged global consensus and cooperation to meet biodiversity targets.
Kazakh President Tokayev announced an International Fund for Rare Species and cited wildlife recovery.
Iranian President Masoud Pezeshkian pledged to document environmental damage from U.S. and Israeli attacks.

Summary

UN Flags Funding Gap

The UN biodiversity framework aims for $200 billion annual funding by 2030, but only $19 billion was raised in 2024.
OECD data show countries raised between $75 billion and $92 billion yearly from 2023-2025, far below the $200 billion target.
Nations pledged to cut harmful subsidies by $500 billion annually by 2030, yet global subsidies total $7.3 trillion.

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Awad Urges Finance

Egyptian Development and Environment Minister Manal Awad called for increased nature-positive finance at the Leaders for Nature summit in Yerevan.
Chinese Minister Huang Runqiu urged global consensus and cooperation to meet biodiversity targets.
Kazakh President Tokayev announced an International Fund for Rare Species and cited wildlife recovery.
Iranian President Masoud Pezeshkian pledged to document environmental damage from U.S. and Israeli attacks.

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