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What is the News?
The meeting of the Working Group on the Post-2020 Global Biodiversity Framework failed to achieve as much as was expected.
The objective of the meeting was to reach a consensus on the text of the framework which is to be finalized at the 15th Conference of the Parties(CoP15) to the Convention on Biological Diversity(CBD).
What is the Post-2020 Global Biodiversity Framework?
Aim: To implement broad-based action to bring about a transformation in society’s relationship with biodiversity ensuring that by 2050 the shared vision of ‘living in harmony with nature is fulfilled.
The framework is built around a theory of change which recognizes that urgent policy action globally, regionally and nationally is required to transform economic, social and financial models.
Four goals to achieve under the framework by 2050
– To halt the extinction and decline of biodiversity.
– To enhance and retain nature’s services to humans by conserving.
– To ensure fair and equitable benefits to all from the use of genetic resources.
– To close the gap between available financial and other means of implementation and those necessary to achieve the 2050 Vision.
2030 Action Targets
The framework has 21 action-oriented targets for urgent action over the decade to 2030, which include:
– To bring at least 30% of land and sea under the world’s protected areas.
– A 50% greater reduction in the rate of introduction of invasive alien species, and controls or eradication of such species to eliminate or reduce their impacts.
– Reducing nutrients lost to the environment by at least half, and pesticides by at least two-thirds, and eliminating the discharge of plastic waste.
– Nature-based contributions to global climate change mitigation efforts of at least 10 GtCO2e (gigatonnes of equivalent carbon dioxide) per year, and that all mitigation and adaptation efforts avoid negative impacts on biodiversity.
– A $200 billion increase in international financial flows from all sources to developing countries.
Source: The post is based on the article “Global Biodiversity Framework: What happened in Nairobi?” published in Down To Earth on 27th June 2022.
