Meeting in Montreal, COP15 conferees agreed to “mobilize” at least $200 billion annually by 2030 to support conservation, including $30 billion by then in annual biodiversity financing for developing nations. (Photo by Brian Roewe)
The U.N. Biodiversity Conference held Dec. 7-19 in Montreal, Canada ended on a positive note, despite a walkout by a group of developing countries, including several from Latin America. But participants say the test will be how well nations implement the conference’s conclusions. Given its extraordinary biodiversity and world-leading rate of species loss, Latin America’s performance on that score will be particularly important, experts say. The 15th Conference of Parties to the U.N. Convention on Biodiversity (COP15) aimed to set biodiversity-conservation goals through 2030. The world failed to meet its last set of 10-year targets, which included conservation of 17% of all land and inland waters and 10% of ocean waters by 2020. But the new objectives aim to be more specific and measurable. The 2022 Global Biodiversity Framework comprises four overarching goals and 23 targets aimed at halting species extinctions and reducing the risk of biodiversity... [Log in to read more]
