Bezos Earth Fund and partners pledge $500m for species recovery

· Climate

The Bezos Earth Fund and eight other organizations have pledged more than $500 million over five years to rescue some of the world's most threatened plants and animals. The Species Recovery Alliance was announced on October 16 at the United Nations biodiversity summit, giving species recovery a larger share of global conservation funding, a category that has historically received far less attention than habitat protection. The pledge comes as governments and conservation groups struggle to meet the "30 by 30" goal of protecting 30% of land and sea by 2030, and it adds private capital to a field dominated by public and philanthropic money.

Why it matters：Dedicated funding for species recovery signals where conservation money is heading and adds private capital to a field where biodiversity targets are falling short.

Key points

  • Nine organizations including the Bezos Earth Fund are involved
  • More than $500 million is pledged over five years
  • Announced October 16 at the UN biodiversity summit

Sources (original reporting)

More stories from this day