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New report finds that current international financial flows remain billions of dollars short of what is required to protect and conserve at least 30 percent of the world’s land and ocean by 2030. Photo: Joyce Chimbi/IPS

By Joyce Chimbi
NAIROBI, Dec 10 2025 (IPS)

A new study and interactive dashboard released today in Nairobi at the seventh session of the United Nations Environment Assembly (UNEA) finds that current international financial flows remain billions of dollars short of what is required to achieve the global biodiversity target of protecting and conserving at least 30 percent of the world’s land and ocean by 2030 (30×30).

A global commitment known as ’30×30′  was formalized under the Kunming-Montreal Global Biodiversity Framework (GBF). In brief, the Kunming-Montreal Global Biodiversity Framework is an ambitious pathway to reach the global vision of a world living in harmony with nature by 2050 through four goals to be reached by 2050, and 23 targets to be reached by 2030.

Target 3 is often referred to as 30×30. This new report is the first comprehensive overview of the international finance flows since world leaders adopted the GBF in December 2022 with damning results. Michael Owen, study author, Indufor North America LLC, said that to date, “there has been limited public analysis of international funding flows for protected and conserved areas.”

Michael Owen (left), study author, Indufor North America LLC, said that to date, there has been limited public analysis of international funding flows for protected and conserved areas. Credit: Joyce Chimbi/IPS

He stressed that transparency is uneven among donors and that the data needed to understand 30×30 funding are fragmented across various sources, often lacking the resolution required to track real progress.

“Our goal for the 30×30 Funding Dashboard is to centralize these data, enable users to view funding at the project level, and provide a clear view of top-line trends in the accompanying report. We hope this analysis encourages more donors to strengthen transparency and accountability as we move toward the deadline for target 3,” he said.

The new assessment by Indufor, funded by Campaign for Nature, The Pew Charitable Trusts, and Rainforest Foundation Norway, finds that, though international funding designed to help developing countries fund nature protection has risen by 150 percent over the past decade, reaching just over USD 1 billion in 2024, it also concludes developed nations are USD 4 billion short of meeting funding targets intended to make 30×30 possible.

Brian O’Donnell, director of the Campaign for Nature, said the analysis shows more funding is needed.

“Despite some recent progress, funding is projected to fall billions short of what is needed to meet the 30×30 target. There is a clear need to ramp up marine conservation finance, especially to Small Island Developing States, which receive only a small fraction of the funding dedicated to other regions,” he said.

He emphasized that meeting the 30×30 target is essential to prevent extinctions, achieve climate goals, and ensure the services that nature provides endure, including storm protection and clean air and water. Meanwhile, funding needs are such that, for nations to protect at least 30 percent of the planet’s land and ocean by 2030, expanding and managing protected areas alone likely requires USD 103 billion to 178 billion per year globally, far above the USD 24 billion currently spent.

Anders Haug Larsen, advocacy director at Rainforest Foundation Norway, called for increased international support, saying, “We are currently far off track, both in mobilizing resources and protecting nature.”

“We now have a short window of opportunity, where governments, donors, and actors on the ground, including Indigenous Peoples and local communities, need to work together to enhance finance and actions for rights-based nature protection.”   

During the launch, delegates at UNEA, the world’s highest-level decision-making body on the environment with universal membership of all 193 UN Members States, heard that since 2014, international funding for protected and conserved areas in developing countries has risen by 150 percent, growing from around USD 396 million to over USD 1.1 billion in 2024.

Furthermore, funding totals have grown particularly quickly since the signing of the GBF as the average annual totals increased 61 percent from 2022 through 2024 compared to the previous three-year period.

However, despite recent growth, funding for international protected and conserved areas remains significantly below the financial requirements outlined in GBF target 19. Target 19 is about increasing financial resources for biodiversity and seeks to mobilize USD 200 billion per year from all sources, including USD 30 billion through international finance.

The world’s unprotected, most biodiverse areas are located in countries with constrained public budgets and competing development needs, making these funds essential, as international finance will be pivotal to delivering 30×30 fairly and effectively.

The funds will pay for activities such as establishing new protected areas, providing capacity to rangers who protect existing protected and conserved areas, and supporting Indigenous groups and local communities who live on or near protected areas.

In this regard, existing global costing studies suggest that protected areas will require an estimated 20 percent of total biodiversity financing by 2030. Roughly USD 4 billion per year is needed by 2025 and USD 6 billion per year is needed by 2030, for Target 3 alone, in line with Target 19a.

Against this backdrop, the report finds that to realize the 2030 GBF vision from today’s base, “international protected and conserved areas funding would need to grow at about 33 percent per year—more than three times the 11 percent annual growth observed from 2020 to 2024.”

Between 2022 and 2024, average annual funding increased by 70 percent compared to the previous four-year period, while the philanthropic sector raised funding by 89 percent; however, if the current trajectory continues, international funding specifically for protected and conserved areas will fall short of the implied 2030 need by approximately USD 4 billion.

Only five bilateral donors and multilateral mechanisms, including Germany, The World Bank, the Global Environment Facility (GEF), the European Union, and the United States, have provided 54 percent of all tracked protected and conserved areas disbursements for 30×30 since 2022. The downside is that this small donor pool makes funding vulnerable to political shifts and changing priorities among key actors.

Lower-income countries receive funding, but international flows severely underfund small island developing states and other oceanic regions. Overall, international protected and conserved areas’ funding has grown fastest in Africa, which by 2024 will receive nearly half, or 48 percent, of all tracked flows.

Meanwhile, small island developing states overall receive just USD 48 million or just 4.5 percent per year, in international 30×30 funding, despite being explicitly prioritized in the GBF under target 19a. Overall, the majority of international funding, 82 percent, is going towards strengthening existing protected areas and relatively little is going to the expansion of protected areas.

Marine ecosystems received just 14 percent of international funding despite representing 71 percent of the planet. In all, much of the funding goes to conventional protected areas—versus those, for example, under the stewardship of Indigenous Peoples or other local communities.

Overall, the report aims to demonstrate the urgency for deeper commitments from all stakeholders—governments, philanthropies, multilateral institutions, and the private sector—to dramatically scale up investments before 2030 to protect people, their biodiversity, and economies.

The new dashboard helps translate financial commitments into the strategic actions needed to reach the regions and activities where they’re most needed to achieve progress toward the 30×30 target.

IPS UN Bureau Report

 

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