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| Countries reach major deal to safeguard nature at UN summit in Montreal |
| 2022-12-20 |
| [IsraelTimes] Envoys at COP15 Biodiversity Conference commit to protect 30% of environment vital for biodiversity by 2030, boost support for poorer countries by tens of Negotiators reached a historic deal at a UN 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 on the day the United Nations ...an idea whose time has gone... Biodiversity Conference, or COP15, is set to end in Montreal. China, which holds the presidency at this conference, released a new draft on Sunday that gave the sometimes contentious talks much-needed momentum. The package was adopted to rapturous applause just prior to dawn. The most significant part of the agreement is a commitment to protect 30 percent of land and water considered important for biodiversity by 2030, known as 30 by 30. Currently, 17% of terrestrial and 10% of marine areas are protected. The deal also calls for raising $200 billion by 2030 for biodiversity from a range of sources and working to phase out or reform subsidies that could provide another $500 billion for nature. As part of the financing package, the framework asks for an increase of at least $20 billion annually by 2025 for poor countries. That number would increase to $30 billion each year by 2030. Financing emerged late in the talks and risked derailing an agreement. Several African countries held up the final deal for almost nine hours. They wanted the creation of a new fund for biodiversity, but agreed to the creation of one under the pre-existing Global Environmental Facility. La Belle France’s Béchu called it a "historical deal." "It’s not a small deal. It’s a deal with very precise and quantified objectives on pesticides, on reduction of loss of species, on eliminating bad subsidies," he said. "We double until 2025 and triple 2030 the finance for biodiversity." The ministers and government officials from about 190 countries have mostly agreed that protecting biodiversity has to be a priority, with many comparing those efforts to climate talks that wrapped up last month in Egypt. Climate change coupled with habitat loss, pollution, and development has hammered the world’s biodiversity, with one estimate in 2019 warning that a million plant and animal species face extinction within decades — a rate of loss 1,000 times greater than expected. Humans use about 50,000 wild species routinely, and 1 out of 5 people of the world’s 8 billion population depend on those species for food and income, the report said. "The new text is a mixed bag," Andrew Deutz, director of global policy, institutions, and conservation finance for The Nature Conservancy, said. "It contains some strong signals on finance and biodiversity, but it fails to advance beyond the targets of 10 years ago, in terms of addressing drivers of biodiversity loss in productive sectors like agriculture, fisheries, and infrastructure, and thus still risks being fully transformational." |
| Posted by:trailing wife |
| #6 "We will make Evolution illegal! No change in Biodiversity allowed!" |
| Posted by: magpie 2022-12-20 15:05 |
| #5 Several African countries held up the final deal for almost nine hours. They wanted the creation of a new fund for biodiversity, 😁 |
| Posted by: Dron66046 2022-12-20 11:03 |
| #4 commit to protect 30% of environment vital for biodiversity The remaining 70% can go fcuk itself. |
| Posted by: Dron66046 2022-12-20 11:02 |
| #3 Negotiators reached a historic deal at a UN 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. Translation: Open up those piggy banks, kids, Daddy needs a new jet. |
| Posted by: Mercutio 2022-12-20 08:47 |
| #2 COVID will help with that. |
| Posted by: Skidmark 2022-12-20 01:20 |
| #1 Does this mean the Chinese will stop raping the world's fisheries? Nah, not gonna happen. |
| Posted by: Janter Chase2753 2022-12-20 00:42 |