One Planet Summit: no climate fix without biodiversity

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A UN-backed summit Monday of political leaders and CEOs pledging to reverse the accelerating destruction of the natural world was long on promises and short on cash.

The French-led One Planet Summit, backed by the United Nations and the World Bank, saw more than 50 nations support a plan to create protected areas covering 30 percent of global lands and oceans.

The so-called "30-30" initiative could become the cornerstone of a critical biodiversity meet in Kunming, China, postponed last year due to the coronavirus pandemic.

While Beijing has yet to announce a new date, sources involved in the preparations say it is likely to take place in early October.