- The 16th edition of the Convention on Biological Diversity (CBD) in Cali, Colombia.
- It aimed to advance global biodiversity targets set under the Kunming-Montreal Global Biodiversity Framework (KMGBF) of 2022.
- Implementation mechanisms and funding needs remained unresolved beyond the scheduled deadline.
- The Kunming-Montreal Global Biodiversity Framework set 23 targets, including the “30-by-30 agreement” to protect 30% of global land and water by 2030.
- Funding requirements are estimated at $200 billion annually, with a goal of $30 billion from international financing.
| Cali Fund: Cali Fund to ensure communities receive benefits from digitally sequenced genetic information (DSI) used commercially. The fund aims to share profits from DSI derived from animals and plants, which are often used in high-value products like medicines and cosmetics, with the communities of origin, especially those in developing countries. Under the agreement, entities profiting from DSI will contribute a portion of profits or revenue to the fund. Those with income above a set threshold will contribute 1% of profits or 0.1% of revenue to support equitable distribution of benefits. |
- India presented an updated biodiversity plan.
- India called for international financial support, citing the need for external funding to meet KMGBF’s target 19 and support the National Biodiversity Strategy and Action Plan (NBSAP).
- India highlighted initiatives like the International Big Cat Alliance for big cat conservation and an increase in Ramsar sites (wetlands of international importance) from 26 to 85 since 2014, with plans to reach 100.
| Kunming-Montreal Global Biodiversity Framework (2022) Spatial Planning: Achieve biodiversity-inclusive planning to reduce high biodiversity loss to nearly zero by 2030. Ecosystem Restoration: Restore at least 30% of degraded ecosystems. Conservation Areas: Protect 30% of land and marine areas, especially vital biodiversity zones. Species Protection: Halt human-induced extinction and reduce extinction risks. Sustainable Use: Ensure sustainable and legal use of wild species. Invasive Species: Halve introductions of invasive species, particularly on islands. Pollution Reduction: Cut pollution to levels safe for biodiversity by reducing nutrient runoff, pesticide risks, and plastic waste. Climate Adaptation: Use nature-based solutions to build biodiversity resilience to climate change. Benefit from Wild Species: Promote sustainable use of wild species to support vulnerable communities. Sustainable Practices in Agriculture and Forestry: Increase biodiversity-friendly practices in food production. Ecosystem Services: Restore nature’s contributions, such as air and water regulation and disaster protection. Urban Biodiversity: Enhance urban green and blue spaces for biodiversity and human well-being. Benefit-Sharing: Ensure equitable benefit-sharing from genetic resources. Policy Integration: Integrate biodiversity in policies, planning, and national accounting. Corporate Accountability: Require businesses to monitor and disclose their biodiversity impacts. Sustainable Consumption: Support sustainable choices, halve global food waste, and reduce waste generation. Biosafety: Implement biosafety measures to manage biotechnology risks. Subsidy Reform: Phase out harmful subsidies, reducing them by $500 billion annually. Financial Resources: Mobilize $200 billion per year for biodiversity conservation, with international funding increases. Capacity Building and Technology: Enhance capacity-building, technology access, and innovation for biodiversity. Knowledge Access: Make biodiversity data and knowledge accessible, respecting indigenous knowledge rights. Inclusive Participation: Ensure equitable representation and access to justice for Indigenous and local communities. Gender Equality: Promote equal rights and participation for women in biodiversity initiatives. |
Dig Deeper: Read about the International Big Cat Alliance (IBCA).
