The Biodiversity Conference (COP16) starts next week in Cali, Colombia (October 21 to November 1). The focus will be on mobilizing enough funds for the conservation of biodiversity. Some countries rely on new, innovative funding sources, such as revenue from genetic data from plants and animals. Host country Colombia wants to combine climate action and biodiversity conservation and recently presented a 40 billion plan comparable to the Just Energy Transition Partnerships. However, many other countries are less ambitious and have not yet submitted national strategies to implement the resolutions of the last biodiversity COP in late 2022.