Metro Plus News Biodiversity talks in final days with many issues unresolved

Biodiversity talks in final days with many issues unresolved

Negotiators at a United Nations biodiversity conference Saturday have still not resolved most of the key issues around protecting the world’s nature by 2030 and providing tens of billions of dollars to developing countries to fund those efforts.
The United Nations Biodiversity Conference, or COP15, is set to wrap up Monday in Montreal and delegates were racing to agree on language in a framework that calls for protecting 30% of global land and marine areas by 2030, a goal known as “30 by 30.” Currently, 17% of terrestrial and 10% of marine areas globally are protected.
They also have to settle on amounts of funding that would go to financing projects to create protected areas and restore marine and other ecosystems. Early draft frameworks called for closing a $700 billion gap in financing by 2030. Most of that would come from reforming subsidies in the agriculture, fisheries and energy sectors but there are also calls for tens of billions of dollars in new funding that would flow from rich to poor nations.