Delegations from the 196 participating countries are committed to ensuring that agricultural, aquaculture, fisheries and forestry areas are managed sustainably. Likewise, the pact includes mobilizing $200 billion for the least developed countries.
The United Nations Conference on Biodiversity, better known as COP15, which started on December 7 in Montreal, Canada, continues its last pieceand does it with one historical agreement to protect the planet and stop the loss of biodiversity.
After several years of delay, initially planned for 2020 in Kunming (China), the delegations of the 196 participating countries have agreed, among other things: protect at least 30% of the Earth’s surface by 2030 to preserve biodiversity.
They will also make sure areas are dedicated to it agriculture, aquaculture, fisheries and forestry managed sustainably, with a significant increase in the use of biodiversity-friendly practices; as well as that a minimum of 30% of degraded ecosystems will be restored.
The agreement, reached at dawn, also includes a commitment to trade on land and sea so that the loss of areas of high biodiversity importance, including ecosystems of high ecological integrity, approaches zero by 2030, while at the same time respecting the rights of indigenous peoples and local communities.
A minimum of USD 200 billion per year is allocated for this, from both public and private sources. In addition, under the new agreement, the richer countries will provide at least 20 billion a year (target for 2025) and 30 billion per year (target for 2030) to developing countries for the conservation of their nature.
The parties also commit to halving excess nutrients and the overall risk resulting therefrom pesticides and chemicals highly hazardous by 2030 and will work to phase out or reform subsidies harmful to biodiversity by at least $500 billion a year, while increasing incentives for biodiversity conservation and sustainable use.
the advent of prevention invasive alien species and preventing it from settling in the different geographic areas is another point of the agreement, which also includes cutting food waste in half and avoiding excessive consumption and the emergence of waste.
Among other things, the text requires large companies and financial institutions to manage, assess and disclose their risks, dependencies and impacts on biodiversity.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
