Negotiators in Montreal have finalized an agreement to halt and reverse the destruction of nature by 2030, as the COP15 talks enter their final official day.
Environment Minister Steven Guilbeault calls the agreed measures 'an ambitious package'Environment and Climate Change Minister Steven Guilbeault speaks to reporters at the COP15 UN Biodiversity Conference in Montreal on Sunday. Working late into the night, an agreement that includes some two-dozen targets was reached.An announcement issued early Monday morning says the gathering nations at the biodiversity summit have agreed to four goals and 23 targets.
There is also a pledge to reduce subsidies deemed harmful to nature by at least $500 billion by 2030, while having developed countries commit to providing developing countries with at least $20 billion per year by 2025, and $30 billion per year by 2030. As the conference neared its final official day, Guilbeault said some countries were still asking for the inclusion of more ambitious numerical targets, while others in the global south continued to push for more funding.The new agreement is titled the Kunming-Montreal Global Biodiversity Framework after the official host cities in China and Canada.
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