COP15 talks to focus on role of financial sector in global biodiversity
Ramifications for Alberta’s energy sector won’t become clear for long time after leap forward in fusion researchShaughn McArthur, the associate director of government relations for nonprofit group Nature United, said companies are on board with initiatives such as mandatory reporting of the nature-related effects of business activities and are looking for ways to realize their climate promises.
Overall, the COP15 conference is aimed at producing a deal for the world’s declining biodiversity equivalent to the 2015 Paris Agreement that assigned hard targets for countries to reduce their greenhouse gas emissions. Negotiators are hoping for commitments to preserve 30 per cent of the Earth’s land and water by 2030, as well as plans to stop ecosystem decline by the same date.
Climate change and biodiversity are closely linked. Scientists have concluded that it will be impossible to hold global warming to 1.5 C without saving at least one-third of the planet.
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