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.
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 US$20 billion per year by 2025, and $30 billion per year by 2030. The new agreement is titled the Kunming-Montreal Global biodiversity framework after the official host cities in China and Canada.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Countries at COP15 agree to ‘transformational’ deal to protect third of the planet by 2030The deal at the Montreal biodiversity conference commits nations to protecting 30 per cent of the world’s lands, inland waters and oceans in the next eight years.
Read more »
COP15 negotiators heading towards a global nature deal: Environment minister - National | Globalnews.caChinese Environment Minister Huang Runqiu released the new draft of the Kunming-Montreal Global biodiversity framework on Sunday morning.
Read more »
COP15 negotiators heading towards a global nature deal, environment minister saysMONTREAL — A global agreement to protect a significant percentage of the world’s lands and waters will be reached by the time the COP15 nature convention ends…
Read more »
COP15 negotiators heading towards a global nature deal, environment minister saysMONTREAL — A global agreement to protect a significant percentage of the world’s lands and waters will be reached by the time the COP15 nature convention ends…
Read more »
China presents biodiversity framework for approval at COP15 in MontrealChina on Sunday presented the proposed text of a new global agreement that would commit to protecting at least 30 per cent of land, water and marine areas by 2030 and mobilize hundreds of billions of dollars to fund it.
Read more »
COP15 negotiations reach crucial decision point for global agreement to protect natureLatest draft includes ‘30-by-30′ target that Canada has pushed for, and the dollar amounts to be provided to developing countries
Read more »