SA pushes the fair sharing of natural resources through global deal

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SA pushes the fair sharing of natural resources through global deal
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Kunming-Montreal framework aims at stopping and reversing the loss of biodiversity

The world is a step closer to fairly sharing natural resources after the UN global biodiversity summit, which ended in Montreal, Canada, this week. SA played a central role in negotiations ahead of the decision at the two-week COP 15 summit.

The African group of nations is very clear that we have to be ambitious on resource mobilisation. We have to have the commensurate funding mechanisms.“SA stands ready to participate and share our experiences in the process to develop the mechanism,” Modise said. “The African group of nations is very clear that we have to be ambitious on resource mobilisation. We have to have the commensurate funding mechanisms to achieve the targets we are setting,” she said.

Measures to protect 30% of the world’s lands and oceans, and to restore degraded systems over the next eight years are among the concrete targets.

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