United For Nature: Cop28 Mobilizes Action To Protect And Restore Forests, Mangroves, Land And Ocean

COP28’s Nature, Land Use and Ocean Day saw countries and non-state actors come together in support of nature-based climate action. $186.6 million of new financing for nature and climate towards forests, mangroves, and the ocean was announced. The commitments made today build on those made during COP28’s World Climate Action Summit (WCAS) on 2 December, where $2.5 billion was mobilized to protect and restore nature. A key policy outcome of Nature, Land Use, and Ocean Day is a joint statement between the COP28 Presidency and the People’s Republic of China, as President of the Convention on Biological Diversity (CBD COP15).