G7 Pledge Big Cash Boost to Save Wildlife and Nature in Developing World
The world’s top environment chiefs from the G7 nations have vowed to pour more funding into protecting nature, with a bold plan to halt global biodiversity loss by 2030.
G7 Ministers Unite in Sapporo
On Sunday, 16 April, the G7 Environment and Climate Ministers met in Sapporo, Japan, to strike a powerful joint agreement tackling nature loss worldwide. Hosted by Japan’s top trade and environment ministers, the summit saw heavyweight UK players like Environment Secretary Thérèse Coffey and Energy Secretary Grant Shapps in the room.
Guests from India, Indonesia, and the UAE joined the talks, reflecting the global ambition to safeguard the planet’s future.
Backing the Global Biodiversity Framework
The ministers committed to fast-tracking the Global Biodiversity Framework (GBF), a sweeping plan the UK helped shape last year in Montreal. Their goal? Stop and reverse biodiversity decline by 2030.
Crucially, the G7 pledged to ramp up financial support for developing countries to protect their natural ecosystems. Thérèse Coffey urged ministers to honour promises on funding, slash harmful subsidies, and close the nature finance gap.
Big Finance, Big Impact
The pact calls for a hefty chunk of international climate finance to flow into nature-based solutions benefiting climate, communities, and wildlife alike. The G7 also pushed big banks and financial groups to follow suit, and for businesses to lessen their environmental damage while boosting positive impacts.
This move marks a serious step in stopping species extinction and jump-starting global efforts to save nature — tapping private money alongside public funds.
Thérèse Coffey Speaks Out
“The G7 have committed to the swift and effective implementation of the landmark Global Biodiversity Framework – which aims to halt and reverse biodiversity loss by 2030.
Following this historic agreement reached at COP15 last year, I am delighted to have met my G7 counterparts today to discuss ways we can build on this as a global community and tackle the challenges we all face with meaningful and urgent action.
We have seen tremendous progress this weekend and it has been great to see our countries working together to raise our ambition and lead by example, each playing our part.”
More Ambitious Targets Set
The G7 also vowed to step up efforts to end plastic pollution by 2040, reverse forest loss by 2030, protect ocean life in international waters, and slash pollution overall.
The full communique is available on the Japanese Ministry of the Environment website.
