Nigeria, Oct. 28 -- Nigeria has urged developed countries to fulfil their commitment to mobilise at least $20 billion annually by 2025 and $30 billion annually by 2030 to enable developing countries to effectively implement biodiversity conservation initiatives.

The Minister of Environment, Balarebe Lawal, made the call while delivering Nigeria's national statement during the high-level segment of the ongoing 17th Conference of the Parties to the Convention on Biological Diversity (CBD COP17) in Yerevan, Armenia.

"Excellencies, as Founding Chair of the Ministerial Alliance for Ambition on Nature Finance, Nigeria continues to champion the mobilisation of adequate and predictable resources for biodiversity. We call for the fulfilment of t...