United States, Oct. 27 -- Latin America and the Caribbean needs approximately $170 billion annually to conserve its biodiversity and restore its ecosystems, according to a new study by the Inter-American Development Bank (IDB) and the Economic Commission for Latin America and the Caribbean (ECLAC). At current financing flows, the estimated annual financing gap is nearly $153 billion, equivalent to approximately 2.1% of regional GDP.The new joint report, The Biodiversity Financing Gap in Latin America and the Caribbean: Needs, Flows, and Mobilization Strategies Toward 2030, provides the first comprehensive regional estimate of the financing needed to conserve, restore, and sustainably use biodiversity and ecosystem services across the region...