Dikhyaa Mohanty 
At the opening session of the Nature for Life Hub, which is a high-level event Transformative Action for Nature and People and also concurring with the 76th UN General Assembly, the Heads of state, philanthropic leaders and native representatives have come together to announce extraordinary commitments to protect and restore nature.
According to the reports, nine organisations pledged $5 billion over the next 10 years to support the creation, expansion, management and monitoring of protected and conserved areas of land, inland water and sea, working with indigenous peoples, local communities, civil society and governments.
Achim Steiner, UNDP Administrator stated that this is not a moment where all should not have hope, rather at the centre of this people will have to be the ones who shape what happens next. Societies have found within themselves the ability to address things that often were long overdue whether it was the issues of inequality or exclusion, but also investments in systemic transformations. He added that they are investing in one another’s ability to, together, change the trajectory of the world.
The nine philanthropic organisations which are- Arcadia, Bezos Earth Fund, Bloomberg Philanthropies, Gordon and Betty Moore Foundation, Nia Tero, Rainforest Trust, Re: wild, Wyss Foundation, and the Rob and Melani Walton Foundation, jointly launched the ‘Protecting Our Planet Challenge’ to ensure that 30 per cent of the planet is protected and preserved by 2030 –with a specific focus on the most important places for biodiversity.
