Environment groups are calling for wealthy nations to boost spending on biodiversity conservation in developing countries and in that way account for the harm done by international trade.
On Tuesday, groups including the International Union for Conservation of Nature, Campaign for Nature and World Resources Institute, announced a goal of mobilizing $60 billion annually in international biodiversity finance.
One million animal and plant species are currently threatened with extinction - more than ever before in human history. In the Amazon alone, more than 10,000 species are at risk of disappearing due to the clearing of the rainforest for cattle ranching, soy farming and other uses. "International trade is driving about 30 percent of species' threats globally," explained Manfred Lenzen, a sustainability researcher at the University of Sydney. What it means, he said, is that wealthy countries are largely able to protect their own habitat and environment while "they outsource all these problematic biodiversity activities elsewhere and import commodities produced in low-income countries.
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