Wealthy nations, excluding U.S., pledge to double funds for biodiversity

Mongabay: Although negotiations came down to the wire, nations finally brokered a new deal at the 11th meeting of the Convention on Biological Diversity (CBD) in Hyderabad, India; at its heart is a pledge to double resources from wealthier countries to the developing world by 2015 to conserve embattled species and ecosystems. While no numbers were put on the table, observers say a doubling of current resources would mean around $10-12 billion a year. However, this amount is still far short of what scientists......

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