COP15: India calls for dedicated fund for developing countries to conserve biodiversity  

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New Delhi: Union Minister for Environment, Forest and Climate Change Bhupender Yadav said there is a need to create a new and dedicated mechanism for the provision of financial resources to developing-country for Biodiversity conservation.

“The successful implementation of the framework will squarely depend on the ways and means we put in place for an equally ambitious Resource Mobilization Mechanism” he said while addressing the Stock taking Plenary at UN Biodiversity Conference, COP15 at Montreal, Canada.

The Minister said,” India is fully committed to working closely with all parties so that we are all able to bring out an ambitious and realistic Global Biodiversity Framework in COP 15”.

The Minister said, “For the developing nations, agriculture is a paramount economic driver for rural communities, and the critical support provided to these sectors cannot be redirected”.

“When food security is of paramount importance for developing countries, prescribing numerical targets in pesticide reductions is unnecessary and must be left to countries to decide, based on national circumstances, priorities and capabilities” he added.

The Minister expressed hope that this conference reaches a consensus on putting in place the Post 2020 Global Biodiversity Framework.

“Reversing ecosystem degradation and halting global biodiversity loss are essential for socioeconomic development, human wellbeing, and for advancing global sustainability” he said.

Calling the goals and targets set in the Global Biodiversity Framework ambitious, he said that, “Conservation of biodiversity must also be based on Common but Differentiated Responsibilities and Respective capabilities as the climate change processes affect biodiversity”.

The Fifteenth Conference of the Parties (COP 15) started on 7 December with 196 parties coming together in the hope of finalising negotiations for a new Global Biodiversity Framework (GBF) — a new set of goals and targets that will guide global action on nature through 2030.

This conference is the second part of the Convention on Biological Diversity (CBD). 

COP15, the most important gathering on biodiversity in a decade, aims at achieving a historic deal to halt and reverse biodiversity loss on par with the 2015 Paris Agreement on climate change.

The GBF has sought to propose and accept the “30×30″conservation targets. In the “30×30” conservation target- 30% of the earth’s land and sea will be conserved through the establishment of protected areas and other area-based conservation measures.

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