Thursday , November 21 2024

Nearly 200 countries gather at COP16

22-10-2024

COLOMBIA: Environmental leaders from nearly 200 countries are gathering in Colombia to assess historic commitments to halt and reverse the loss of nature.

The two-week United Nations Biodiversity Conference (COP16) starting on Monday is a follow-up to the 2022 Montreal meetings where 196 countries signed an ambitious global treaty, the Kunming-Montreal Global Biodiversity Framework, to protect biodiversity.

Delegates in Cali will debate how they can save nature from the current rapid rate of destruction and how they will live up to the 2022 accord’s demands.

These include countries setting 30 percent of their territories aside for conservation, slashing subsidies for businesses that harm nature and mandating that companies report their environmental effect.

Countries were expected to submit their biodiversity plans, known as NBSAPs, by the start of the summit that runs till November 1. As of Friday, 31 out of 195 countries had filed a plan to the UN biodiversity secretariat.

On Sunday, Colombia’s Environment Minister and COP16 President Susana Muhamad described the conference as an opportunity “to collect the experience that has passed through this planet from all civilizations, from all cultures, from all knowledge … to generate livable, relatively stable conditions for a new society that will be forged in the light of the crisis.”

COP16 agenda

Wealthy nations agreed at 2022’s COP15 to contribute at least $20bn annually starting in 2025 towards helping developing countries meet their nature goals, with the target rising to $30bn by 2030.

By 2022, $15.4bn had been raised, according to the Organization for Economic Co-operation and Development (OECD).

“We have a problem here,” Gavin Edwards, director of the nonprofit Nature Positive, told the Reuters news agency.

“COP16 is an opportunity to re-energies and remind everybody of their commitments two years ago and start to course correct if we’re going to get anywhere close to 2030 targets being achieved,” Edwards said.

UN Chief Antonio Guterres on Sunday appealed for “significant investment” in the Global Biodiversity Framework Fund that was set up in 2022.

“We must leave Cali with … commitments to mobilize other sources of public and private finance,” the secretary-general said in a video played to COP16 delegates.

So far, countries have made about $250m in commitments to the fund, according to agencies monitoring progress.

Leaders at the world’s biggest nature protection conference will also be looking at ways to simultaneously address climate change issues and biodiversity decline.

The rate of nature destruction through activities like logging or overfishing has not let up, while governments miss deadlines on their biodiversity action plans, and funding for conservation is billions of dollars away from meeting a 2025 goal.

Muhamad, part of Colombia’s first-ever left-wing government, told local media that one of the conference’s main objectives is to make clear that “biodiversity is as important, complementary and indispensable as the energy transition and decarburization.” The summit aims to establish a global multilateral system for paying for access to data on genetic information taken from plants, animals and microbes, called digital sequence information.

Additionally, COP16 will look to finalize a new program for including traditional knowledge in national conservation plans and decisions. (Int’l News Desk)

Check Also

Abdullahi wins presidential election in breakaway Somaliland

21-11-2024 HARGEISA: Abdirahman Mohamed Abdullahi, leader of Somaliland’s opposition, has been elected president of the …