Billions needed to deliver COP15 nature deal but funds to biodiversity miniscule

FILE PHOTO: A recently hatched American Coot chick sits in a nest in the Willard Spur Waterfowl Management Area near Willard, in Utah, U.S., June 29, 2022. REUTERS/Nathan Frandino

LONDON (Reuters) - Climate conscious investors have channeled billions of dollars into clean energy but investment flows into protecting and better managing the world's ecosystems remain minute by comparison.

This could change after negotiators at the U.N. nature summit in Montreal secured long-awaited formal support on Monday for a Global Biodiversity Framework to protect nature. But plans have yet to be fleshed out on how to channel the huge amounts of capital from private and public sector sources that scientists say are necessary for conservation.