Negotiators reached a historic deal at a United Nations biodiversity conference early Monday that would represent the most significant effort to protect the world’s lands and oceans and provide critical financing to save biodiversity in the developing world. The global framework comes a day before the U.N. Biodiversity Conference, or COP15, is set to end in Montreal. China, which holds the presidency at this conference, released a new draft earlier in the day that gave the sometimes contentious talks much-needed momentum. The most significant part of the agreement is a commitment to protect 30% of land and water considered important for biodiversity by 2030. “The new text is a mixed bag,” Andrew Deutz, director of global policy, institutions and conservation finance for The Nature Conservancy, said.

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