Negotiators across 196 countries have reached a historic deal at a UN biodiversity conference that would represent the most significant effort yet to protect the world’s lands and oceans and provide critical financing to save biodiversity in the developing world.
The agreement will ensure the protection of at least one-third of the natural world by 2030 in a landmark deal aimed at safeguarding biodiversity.
The details of the deal, inked at the COP15 United Nations biodiversity summit hosted by Canada, include targets for protecting vital ecosystems, such as rainforests, wetlands and the rights of indigenous peoples.
Measures agreed also include a pledge to increase flow of finance to developing nations (to care for nature) to $20 billion by 2025 and, at least, $30 billion by 2030.
There are 2030 targets to halve global food waste, excess nutrients and risks posed by pesticides, reduce to ‘near zero’ the loss of areas of wildlife-rich habitat, and reduce by $500 billion a year government subsidies that harm nature.