News analysis

Global deal to protect nature vital for climate action

The agreement could accelerate investments in conservation projects that reward investors while also helping the climate. PHOTO: REUTERS
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SINGAPORE - The world on Monday took a major step towards halting the disastrous decline of nature and, in the process, also advanced global efforts to fight climate change.

At the United Nations COP15 biodiversity conference in Montreal, Canada, chaired by China, nearly 200 nations set clear targets to halt and reverse the decline of nature this decade, as well as step up financing to help poorer nations fund conservation efforts.

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