Delegates hammer out compromise on delivering billions of dollars to protect species and their habitats

Delegates from across the world have cheered a last-gasp deal to map out funding to protect nature, breaking a deadlock at UN talks seen as a test for international cooperation in the face of geopolitical tensions.

Rich and developing countries on Thursday hammered out a delicate compromise on raising and delivering the billions of dollars needed to protect species, overcoming stark divisions that had scuttled their previous Cop16 meeting in Cali, Colombia last year.