COP15 Biodiversity Agreement: The Need to Knows
COP15 ended with a long term biodiversity agreement which was agreed upon by almost 200 countries in attendance.
The Kunming-Montreal Global Biodiversity Framework (GBF) sets out 4 goals and 23 targets and the framework commits nations to protect 30% of the planet by 2030, increase financing for nature restoration and protection, and halt human-induced extinction - among other measures.
The framework’s overarching four global goals are:
1. The integrity, connectivity and resilience of all ecosystems are maintained,enhanced, or restored, substantially increasing the area of natural ecosystems by 2050. Human induced extinction of known threatened species is halted, and, by 2050, extinction rate and risk to all species are reduced tenfold, and the abundance of native wild species is increased to healthy and resilient levels.
2. Biodiversity is sustainably used and managed and nature’s contributions to people, including ecosystem functions and services, are valued, maintained and enhanced, with those currently in decline being restored.
3. The monetary and non-monetary benefits from the utilisation of genetic resources, and digital sequence information on genetic resources, etc, are shared fairly and equitably, as appropriate with indigenous peoples and local communities, and substantially increased by 2050.
4. Adequate means of implementation, including financial resources, capacity-building, technical and scientific cooperation, and access to and transfer of technology to fully implement the Kunming-Montreal global biodiversity framework are secured.
The agreement – includes a global commitment to halt and reverse biodiversity loss by 2030 and to protect 30% of land and oceans by the same date.