Introduction:
The 15th Conference of Parties to the UN Convention on Biological Diversity concluded with the adoption of the Kunming-Montreal Global Biodiversity Framework (GBF).
Aim:
Amidst a dangerous decline in nature threatening the survival of 1 million species and impacting the lives of billions of people, the GBF aims to halt and reverse nature loss.
Framework Components:
The framework consists of global targets to be achieved by 2030 and beyond to safeguard and sustainably use biodiversity.
Immediate Action Needed:
Now that a framework has been adopted, accelerating action across sectors and society toward the realization of the goals and targets of the GBF is urgent to address the key drivers of biodiversity loss and lift the nature agenda.
Four Overarching Goals (By 2050):
Halt human-induced species extinction.
Ensure the sustainable use of biodiversity.
Equitably share benefits.
Implement and finance, including closing the biodiversity finance gap of $700 billion per year.
Targets (By 2030): Among the twenty-three targets to be achieved by 2030 include:
30% conservation of land and sea.
30% restoration of degraded ecosystems..
Halving the introduction of invasive species..
Achieving a $500 billion/year reduction in harmful subsidies..
Conclusion: The Kunming-Montreal Global Biodiversity Framework represents a critical step in addressing the global biodiversity crisis and securing a sustainable future for our planet.