At the UNCCD COP17 conference in Mongolia, governments, development banks, funds, and businesses announced $1.3 billion in new and pipeline financing for land restoration and drought resilience projects across 23 countries. Rangelands have been identified as a major investment priority, reflecting their importance in sustainable land management. The funding aims to address land degradation and enhance resilience to drought in affected regions. This initiative marks a significant financial commitment to global environmental restoration efforts.
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