Countries will need to spend $76 billion to reduce the risk of extinction and provide protected areas for nature if they are to meet conservation targets set in Nagoya, Japan, in 2010, reports the BBC.
The news comes as the 2012 Conference of Parties to the Convention on Biological Diversity gets underway in Hyderabad, India. At the last COP, in Nagoya, nations set conservation targets for 2020 after previous pledges went unfulfilled.
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