As with many common resources, the high seas are not yet protected by a truly comprehensive, agreed-upon framework. But this must change if there is to be any hope of achieving global biodiversity goals.
The World Bank Group is working across many fronts to help countries recognise both the value of nature and the risks that would follow from losing it.
The United States is home to a vast array of ecosystems and an astonishing variety of wild plants and animals. There are an estimated 200,000 native species on its territory, representing 13 per cent of species worldwide.
Concrete plans and financing will be needed. The COP27 and COP15 summits can also be combined, writes former Colombian president Juan Manuel Santos. Climate change and biodiversity loss must be addressed in tandem.