UK among rich countries not paying fair share to restore nature – report

Only two countries provide fair amount to compensate lower-income nations for biodiversity loss, with most paying less than half what they should, says ODI

The UK, Canada, New Zealand, Italy and Spain are among the rich countries contributing less than half their fair share of nature finance to poor countries, a new report has found.

Developed nations have agreed to collectively contribute a minimum of $20bn annually for nature restoration in low and middle-income countries by 2025. This money is in addition to the $100bn agreed for climate finance.