COP 15, MontrealImage source, Getty Images

New funds have been pledged by countries to restore nature.

The leaders are trying to come up with a plan to reverse nature loss.

There is disagreement on how to fund the efforts to save the world's oceans.

It is hoped that the new commitments will lead to an agreement to protect a third of the planet for nature.

If the talks are to succeed, environmental groups warn that political will must be turned into concrete agreements.

On the first day of high-level talks, the announcements came.

Progress has been slow with rows over finance and little sign of compromise as the conference enters its second week.

Tropical islandImage source, Getty Images

The UK government has pledged over 30 million dollars to help developing countries reach the goal of setting aside a third of the planet for nature.

The money will be used to support projects in the British overseas territories.

The Secretary of the Environment said that a healthy and thriving natural environment underpins the social and economic prosperity of our livelihoods.

Sea turtles on the Cayman Islands are supported by the project.

National park, KenyaImage source, Getty Images
Image caption, Hotspots of biodiversity are concentrated in the global south

On Thursday, a number of countries, including Spain, the Netherlands, France and Canada, put forward plans to increase the amount of funding for the preservation of the environment.

It is hoped that other groups will follow suit.

Concerns were raised that the pace of negotiations in Montreal had slowed.

Some countries walked out of a meeting on Wednesday due to the lack of progress on how to fill a multi billion dollar funding gap.

The Nature Conservancy said this week has been challenging with walk-out and late-night impasses.

The train feels like it's back on track and people are talking again.

Members of the indigenous community demonstrate against the United Nations Biodiversity Conference (COP15) during the March for Biodiversity for Human Rights in MontrealImage source, Getty Images
Image caption, On Saturday marches were held in Montreal over ensuring rights for indigenous peoples

The COP 15 UN biodiversity summit in Montreal is seen as the last chance to save nature.

High-level talks are being held to resolve outstanding issues.

The new announcements were a good sign of political will in Montreal according to the head of global advocacy at WWF.

"This political will must now be translated into concrete agreements and convergence in the negotiation room over the next couple of days to rescue a desperately needed deal for nature to save our life support systems."

The way in which living things fit together in an intricate web of life is referred to as "biodiversity".

  • Conservation
  • Biodiversity
  • Nature
  • Environment