As part of the Kunmin-Montreal Global Biodiversity Framework, rich countries could not commit to $20 billion in 2025, though they could be significantly closer to that figure. This was announced by Irene Wabiva Betoko, an eco-activist and staff member of the international environmental organization Greenpeace, during a briefing on the sidelines of COP17 in Yerevan. “From this year's COP17 conference, we expect that developed countries will not only completely eliminate this shortfall, but also strive to reach the $30 billion goal set for 2030. Otherwise, we can't talk about achieving the goals set out in the program. It's unacceptable that developing and developed countries keep moving in the wrong direction. They need to refine their approaches and actions, and start implementing effective programs. We see a number of parties claiming additional funds, while developed countries are trying to avoid their direct commitmentsby shifting their focus to private financing. Of course, the private sector should also contribute, but the primary responsibility lies with developed countries, and they should not use private investment as a means of avoiding their own obligations. In addition, both developing and developed countries are pushing the idea of “credits” and “reimbursements” in biodiversity as a way to overcome the financial gap at the COP17 conference. However, such mechanisms should not be turned into a “patent” for the destruction of nature. We need solutions that will be environmentally safe and prioritize human interests. Biodiversity credits and reimbursements are not a solution worth betting on. We also see countries in COP17, especially the rich, trying to shift their focus from public funds to private investments. This is unacceptable. They need to focus on how to attract significant financial resources that private mechanisms such as “biodiversity conservation credits” can never provide. We don't claim that the private sector is exempt; it should be contributing. However, government funding should be prioritized. Some countries report a lack of funds, but the issue isn't lack of global wealth-it's money. You just have to pick the right direction and make the right decisions, ”the eco-activist said.