Negotiators reached a historic deal at a U.N. 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 head table gets set to open the high level segment at the COP15 biodiversity conference in Montreal on Dec. 15, 2022.
The most significant part of the agreement is a commitment to protect 30% of land and water considered important for biodiversity by 2030. Currently, 17% of terrestrial and 10% of marine areas are protected."There has never been a conservation goal globally at this scale," Brian O'Donnell, the director of the conservation group Campaign for Nature, told reporters."This puts us within a chance of safeguarding biodiversity from collapse ...
"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.
The financing has been among the most contentions issues, with delegates from 70 African, South American and Asian countries walking out of negotiations Wednesday. They returned several hours later.
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