Monaco pledges €1.5m to UN biodiversity fund at COP17
By Zak Jackson, MonacoViews Editorial
Monaco has committed €1.5 million to the Global Biodiversity Framework Fund through 2030, confirmed at the COP17 summit.
Céline Caron-Dagioni, Minister of Public Works, the Environment and Urban Development, represented the Principality at the 17th Conference of the Parties to the Convention on Biological Diversity, where Monaco confirmed a pledge of €1.5 million to the Global Biodiversity Framework Fund. The money will be paid out between 2026 and 2030, supporting international efforts to halt species loss and protect natural habitats under the UN biodiversity framework agreed in Montreal.
The pledge builds on Monaco's existing environmental commitments, which include extensive marine protection work through the Prince Albert II of Monaco Foundation and the Principality's own coastal conservation programmes along the Larvotto and Spélugues reserves. For a state with just over two kilometres of coastline, biodiversity funding of this kind carries a diplomatic weight beyond its size, reinforcing Monaco's position in international environmental negotiations.
The Global Biodiversity Framework Fund was established to help developing nations meet the 2022 Kunming-Montreal targets, including protecting 30 percent of land and sea areas by 2030. Monaco's contribution places it among the smaller state donors backing the fund, alongside larger pledges from France, Germany and the UK.