The United Nations Convention on Biological Diversity (CBD) has demanded an additional $200 billion fund flow to developing countries from various sources to manage nature through 2030. It is one of many demands and targets that have been set through 2030 in the official draft of a new Global Biodiversity Framework.

Post-2020 Global Biodiversity Framework:

  • Background:
    • Biodiversity, and the benefits it provides, is fundamental to human well-being and a healthy planet. Despite ongoing efforts, biodiversity is deteriorating worldwide and this decline is projected to continue or worsen under business-as-usual scenarios.
    • The post-2020 global biodiversity framework builds on the Strategic Plan for Biodiversity 2011-2020.
      • As the United Nations Decade on Biodiversity 2011-2020 comes to an end, IUCN actively supports the development of what needs to be an ambitious new global biodiversity framework.
  • Purpose:
    • Guiding Force: It is a new framework that will be the global guiding force to protect nature and to retain its essential services for humans from 2020 to 2030.
    • Setting Targets: This is a global, outcome-oriented framework for the Convention’s 196 Parties to develop national and regional goals and targets, to update national strategies and action plans as needed, and to facilitate regular monitoring and review of progress at the global level.
    • Urgent and Transformative Action: The framework aims to spur urgent and transformative action by Governments and all of society to contribute to the objectives of the Convention on Biological Diversity, its Protocols, and other biodiversity related multilateral agreements, processes and instruments.
    • Capacity Building: It aims to ensure the right capacity building of the communities/governments to take up conservation measures to meet the goals.
      • These include the contentious technology transfer to countries that don’t have it currently and also a wide scientific cooperation among countries.
  • Goals and Targets:
    • The new frameworks have four goals to achieve 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 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 includes
      • 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.
      • Redirecting, repurposing, reforming or eliminating incentives harmful for biodiversity, in a just and equitable way, reducing them by at least $US 500 billion per year.

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