With reference to the Species Recovery Alliance and CARES, consider the following statements: 1. The Species Recovery Alliance pledged $500 million over a period of five years. 2. The initiative aims to support more than 31,000 species listed on the IUCN Red List. 3. CARES is a coalition of 10 governments led by Brazil and Armenia. Which of the statements given above is/are correct?

Species Recovery Alliance pledges $500 million to support 31,000 IUCN Red List species

GS2Polity · Governance · IR· International institutions & agencies (UN, WTO, IMF...)· Prelims· 19 October 2026

Biodiversity conservation and multi-stakeholder funding: a relevant GS2 and Environment case study.

Why in news

The Species Recovery Alliance announced a $500 million pledge over five years to support more than 31,000 species listed on the IUCN Red List.

Background

The Species Recovery Alliance consists of nine organizations, including the Bezos Earth Fund, Rainforest Trust, and Re. The initiative was launched alongside CARES, a coalition of 17 governments led by Colombia and Armenia.

Facts for Prelims

FactSpecies Recovery Alliance pledge: $500 million over five years
FactTarget: Support more than 31,000 species on the IUCN Red List
BodyCARES: A coalition of 17 governments led by Colombia and Armenia
BodyBezos Earth Fund: One of the nine organizations in the Species Recovery Alliance

Prelims practice question

With reference to the Species Recovery Alliance and CARES, consider the following statements:

The Species Recovery Alliance pledged $500 million over a period of five years.
The initiative aims to support more than 31,000 species listed on the IUCN Red List.
CARES is a coalition of 10 governments led by Brazil and Armenia.

Which of the statements given above is/are correct?

(a)1 only
(b)2 only
(c)1 and 2 only
(d)2 and 3 only

Show answer

Answer: (c) 1 and 2 only — Statements 1 and 2 are correct. Statement 3 is incorrect: CARES is a coalition of 17 governments led by Colombia and Armenia.

For Mains

Q. Discuss the significance of multi-stakeholder alliances and private-sector funding in achieving global biodiversity conservation targets under the IUCN Red List framework.

Dimensions to cover in your answer

Funding disparity: Reliance on private pledges vs. consistent public funding for biodiversity
Coordination hurdles: Aligning conservation goals across 17 different governments in the CARES coalition

Keywords: biodiversity conservation · multi-stakeholder alliance · IUCN Red List · private-sector funding · species recovery

Read the full news →Report a mistake in this note How notes are made Source: Times of India ↗Also: GS3 · Biodiversity & conservation Also: GS3 · Species, protected areas & wetlands

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