{"id":219174,"date":"2022-12-20T19:32:00","date_gmt":"2022-12-20T14:02:00","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=219174"},"modified":"2022-12-20T19:32:00","modified_gmt":"2022-12-20T14:02:00","slug":"kunming-montreal-global-biodiversity-framework-historic-biodiversity-deal-gets-the-nod-at-cop15-summit-in-canada","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/kunming-montreal-global-biodiversity-framework-historic-biodiversity-deal-gets-the-nod-at-cop15-summit-in-canada\/","title":{"rendered":"Kunming-Montreal Global Biodiversity Framework: Historic biodiversity deal gets the nod at COP15 summit in Canada"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201cHistoric biodiversity deal gets the nod at COP15 summit in Canada\u201d<\/b><span style=\"font-weight: 400;\"> published in<\/span><b> The Hindu <\/b>on<b> 20th December 2022<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">At the United Nations Biodiversity Conference or COP15, countries adopted a major biodiversity pact called <\/span><b>Kunming-Montreal Global Biodiversity Framework.<\/b><\/p>\n<h5><b>What are the key provisions of the Kunming-Montreal Global Biodiversity Framework?<\/b><\/h5>\n<figure id=\"attachment_219176\" aria-describedby=\"caption-attachment-219176\" style=\"width: 380px\" class=\"wp-caption alignleft\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-219176 \" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2022\/12\/63a159b094eb40148ec10998_OI.png?resize=380%2C416&#038;ssl=1\" alt=\"Kunming-Montreal Global Biodiversity Framework\" width=\"380\" height=\"416\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2022\/12\/63a159b094eb40148ec10998_OI.png?w=446&amp;ssl=1 446w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2022\/12\/63a159b094eb40148ec10998_OI.png?resize=274%2C300&amp;ssl=1 274w\" sizes=\"auto, (max-width: 380px) 100vw, 380px\" \/><figcaption id=\"caption-attachment-219176\" class=\"wp-caption-text\">Source: TOI<\/figcaption><\/figure>\n<p><b>30 by 30: <\/b><span style=\"font-weight: 400;\">Countries agreed to protect 30% of land and water considered important for biodiversity by 2030 known as 30 by 30. Currently, 17% of terrestrial and 10% of marine areas are protected.<\/span><\/p>\n<p><b>Financing:<\/b><span style=\"font-weight: 400;\"> E<\/span><span style=\"font-weight: 400;\">nsure $200 billion per year is channelled to conservation initiatives from public and private sources. Wealthier countries should contribute at least $20 billion of this every year by 2025, and at least $30 billion a year by 2030.<\/span><\/p>\n<p><b>Big companies report impacts on biodiversity: <\/b><span style=\"font-weight: 400;\">Companies should analyse and report how their operations affect and are affected by biodiversity issues. The parties agreed to large companies and financial institutions being subject to \u201crequirements\u201d to make disclosures regarding their operations, supply chains and portfolios.<\/span><\/p>\n<p><b>Harmful subsidies: <\/b><span style=\"font-weight: 400;\">Countries committed to identifying subsidies that deplete biodiversity by 2025, and then eliminate, phase out or reform them. They agreed to slash those incentives by at least $500 billion a year by 2030, and increase incentives that are positive for conservation.<\/span><\/p>\n<p><b>Reduce pesticide use<\/b><span style=\"font-weight: 400;\">: Countries have agreed to a target of reducing the risk posed by pesticides and highly hazardous chemicals to almost half.<\/span><\/p>\n<p><b>Not legally binding<\/b><span style=\"font-weight: 400;\">: The agreement is not legally binding, but countries will be required to show their progress on meeting targets through national biodiversity plans.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cHistoric biodiversity deal gets the nod at COP15 summit in Canada\u201d published in The Hindu on 20th December 2022 What is the News? At the United Nations Biodiversity Conference or COP15, countries adopted a major biodiversity pact called Kunming-Montreal Global Biodiversity Framework. What are the key provisions&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/kunming-montreal-global-biodiversity-framework-historic-biodiversity-deal-gets-the-nod-at-cop15-summit-in-canada\/\">Continue reading <span class=\"screen-reader-text\">Kunming-Montreal Global Biodiversity Framework: Historic biodiversity deal gets the nod at COP15 summit in Canada<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,4182,9],"tags":[10498],"class_list":["post-219174","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-environment","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/219174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=219174"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/219174\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=219174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=219174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=219174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}