on Monday with calls for urgent action and financing to reverse humankind's rapacious destruction of biodiversity.
Themed Peace with Nature, the summit has the urgent task of coming up with monitoring and funding mechanisms to ensure 23 UN targets agreed at COP15 two years ago can be met by 2030 to"halt and reverse" the loss of nature. Members of Brazil's Indigenous delegation pose for photo before the opening ceremony of COP16, a United Nations' biodiversity conference, in Cali, Colombia, Sunday, Oct. 20, 2024. The delegates have their work cut out for them, with just five years left to achieve the target of placing 30 per cent of land and sea areas under protection by 2030.
CBD executive secretary Astrid Schomaker told delegates Monday that 34 of the 196 countries signed up to the UN's biodiversity convention have so far submitted National Biodiversity Strategy and Action Plans to achieve the UN goals. It is part of a broader agreement reached in 2022 under the Kunming-Montreal Global Biodiversity Framework to mobilize at least $200 billion per year by 2030 for biodiversity, including US$20 billion per year by 2025 from rich nations to help developing ones.
Monitored wildlife populations have decreased by 73 percent on average between 1970 and 2020, according to the Living Planet Index, the most comprehensive measure of vertebrate population trends worldwide.A key goal of the meeting is to agree on a mechanism for sharing the profits and other benefits of genetic information taken from plants and animals, for medicine for example, with the communities they come from - often in lower-income countries.
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