Will things be different this time?
Parties to the United Nations Convention on Biological Diversity went home extremely satisfied after its final plenary last December 19, 2022 in Montreal, Canada, achieving after four years of hard work in the middle of the pandemic, a better organized, compactly-written, and more purposeful global plan whose mission is “to take urgent action to halt and reverse biodiversity loss to put nature on a path to recovery” by 2030, which should eventually pave the way for realizing the 2050 Vision of...
What needs to happen though is that this global mechanism on DSI, agreed to be “finalized” at COP 16, in 2024, will have to be truly up and running by that time and not held up by any procedural requirement, especially when the term “digital sequence information” will still be subjected to further discussions.
– target 3 seeks to ensure that by 2030 at least 30% of terrestrial, inland water, and coastal and marine areas are effectively conserved and managed; These ambitious targets were agreed to by developing countries as there was a corresponding exchange of commitments on the resource mobilization side, whereby developed countries, as what they agreed to in target 19, committed to mobilize by 2030 at least $200 billion per year.
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