The China Mail - UN biodiversity summit opens with call for 'significant' funding

USD -
AED 3.672504
AFN 65.000368
ALL 81.910403
AMD 376.168126
ANG 1.79008
AOA 917.000367
ARS 1431.790402
AUD 1.425923
AWG 1.8025
AZN 1.70397
BAM 1.654023
BBD 2.008288
BDT 121.941731
BGN 1.67937
BHD 0.375999
BIF 2954.881813
BMD 1
BND 1.269737
BOB 6.889932
BRL 5.217404
BSD 0.997082
BTN 90.316715
BWP 13.200558
BYN 2.864561
BYR 19600
BZD 2.005328
CAD 1.36855
CDF 2200.000362
CHF 0.77566
CLF 0.021803
CLP 860.890396
CNY 6.93895
CNH 6.929815
COP 3684.65
CRC 494.312656
CUC 1
CUP 26.5
CVE 93.82504
CZK 20.504104
DJF 177.555076
DKK 6.322204
DOP 62.928665
DZD 129.553047
EGP 46.73094
ERN 15
ETB 155.0074
EUR 0.846204
FJD 2.209504
FKP 0.735067
GBP 0.734457
GEL 2.69504
GGP 0.735067
GHS 10.957757
GIP 0.735067
GMD 73.000355
GNF 8752.167111
GTQ 7.647681
GYD 208.609244
HKD 7.81385
HNL 26.45504
HRK 6.376104
HTG 130.618631
HUF 319.703831
IDR 16855.5
ILS 3.110675
IMP 0.735067
INR 90.57645
IQD 1310.5
IRR 42125.000158
ISK 122.710386
JEP 0.735067
JMD 156.057339
JOD 0.70904
JPY 157.200504
KES 128.622775
KGS 87.450384
KHR 4033.00035
KMF 419.00035
KPW 900.021111
KRW 1463.803789
KWD 0.30721
KYD 0.830902
KZT 493.331642
LAK 21426.698803
LBP 89293.839063
LKR 308.47816
LRD 187.449786
LSL 16.086092
LTL 2.95274
LVL 0.60489
LYD 6.314009
MAD 9.185039
MDL 17.000296
MGA 4426.402808
MKD 52.129054
MMK 2100.115486
MNT 3570.277081
MOP 8.023933
MRU 39.850379
MUR 46.060378
MVR 15.450378
MWK 1737.000345
MXN 17.263604
MYR 3.947504
MZN 63.750377
NAD 16.086092
NGN 1366.980377
NIO 36.694998
NOK 9.690604
NPR 144.506744
NZD 1.661958
OMR 0.383441
PAB 0.997082
PEN 3.367504
PGK 4.275868
PHP 58.511038
PKR 278.812127
PLN 3.56949
PYG 6588.016407
QAR 3.64135
RON 4.310404
RSD 99.553038
RUB 76.792845
RWF 1455.283522
SAR 3.749738
SBD 8.058149
SCR 13.675619
SDG 601.503676
SEK 9.023204
SGD 1.272904
SHP 0.750259
SLE 24.450371
SLL 20969.499267
SOS 568.818978
SRD 37.818038
STD 20697.981008
STN 20.719692
SVC 8.724259
SYP 11059.574895
SZL 16.08271
THB 31.535038
TJS 9.342721
TMT 3.505
TND 2.847504
TOP 2.40776
TRY 43.612504
TTD 6.752083
TWD 31.590367
TZS 2577.445135
UAH 42.828111
UGX 3547.71872
UYU 38.538627
UZS 12244.069517
VES 377.985125
VND 25950
VUV 119.620171
WST 2.730723
XAF 554.743964
XAG 0.012866
XAU 0.000202
XCD 2.70255
XCG 1.797032
XDR 0.689923
XOF 554.743964
XPF 101.703591
YER 238.403589
ZAR 16.04457
ZMK 9001.203584
ZMW 18.570764
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    0.0600

    23.95

    +0.25%

  • NGG

    1.1700

    88.06

    +1.33%

  • VOD

    0.4900

    15.11

    +3.24%

  • RYCEF

    0.2600

    16.88

    +1.54%

  • GSK

    1.0600

    60.23

    +1.76%

  • BCE

    -0.4900

    25.08

    -1.95%

  • CMSC

    -0.0400

    23.51

    -0.17%

  • RELX

    -0.7100

    29.38

    -2.42%

  • RIO

    2.2900

    93.41

    +2.45%

  • AZN

    5.8700

    193.03

    +3.04%

  • JRI

    0.0900

    12.97

    +0.69%

  • BCC

    1.8700

    91.03

    +2.05%

  • BTI

    0.8400

    62.8

    +1.34%

  • BP

    0.8400

    39.01

    +2.15%

UN biodiversity summit opens with call for 'significant' funding
UN biodiversity summit opens with call for 'significant' funding / Photo: © AFP

UN biodiversity summit opens with call for 'significant' funding

The world's biggest nature protection conference opens in Colombia Monday with the United Nations chief calling for countries to "convert words into action" and fatten a fund seeking to address biodiversity loss.

Text size:

On the eve of the official start of the conference, UN Secretary-General Antonio Guterres urged "significant investment" in the Global Biodiversity Framework Fund (GBFF) created last year, as well as "commitments to mobilize other sources of public and private finance."

"Those profiting from nature must contribute to its protection and restoration," Guterres said in a video played to delegates gathered in the western city of Cali, where authorities were on high alert after threats from a guerrilla group.

The GBFF was created last year to help countries achieve the goals of the so-called Kunming-Montreal Global Biodiversity Framework (GBF) adopted in Canada in 2022 with 23 targets to "halt and reverse" the loss of nature by 2030.

So far, countries have made about $250 million in commitments to the fund, according to monitoring agencies.

The fund is part of a broader agreement made in Montreal two years ago for countries to mobilize at least $200 billion per year by 2030 for biodiversity, including $20 billion per year by 2025 from rich nations to help developing ones.

Guterres highlighted that destroying nature increases conflict, hunger and disease, fuels poverty and negatively impacts economic growth.

"A collapse in nature's services -- such as pollination, and clean water -- would see the global economy lose trillions of dollars a year, with the poorest hardest hit," he said.

- 'Peace with nature' -

About 12,000 delegates from nearly 200 countries, including 140 government ministers and a dozen heads of state are expected at the 16th Conference of the Parties (COP16) to the UN Convention on Biological Diversity (CBD), running until November 1.

Themed "Peace with Nature," it has the urgent task of coming up with monitoring and funding mechanisms to ensure the 23 UN targets can be met.

But Colombia's EMC rebel group, a splinter of the FARC guerrilla army that disbanded in 2017, has cast a shadow over the event by urging foreign delegations to stay away and warning the conference "will fail."

The threat came after EMC fighters were targeted in a military raid in the southwest Cauca region, where the group is accused of engaging in drug trafficking and illegal mining.

Cali is the nearest large city to territory controlled by the EMC, which has been engaged in fraught peace negotiations with the government.

Colombian President Gustavo Petro also addressed Sunday's ceremonial event, two days after saying he was "nervous" about security.

Cali's mayor Alejandro Eder insisted, however, that the authorities had matters under control.

"We have been working since February to safeguard the city of Cali," he said. "We have more than 10,000 police officers, we also have detachments of the Colombian Armed Forces guarding the entire perimeter of the city."

- 'Nature not a resource' -

The delegates have their work cut out for them, with just five years left to achieve the target of placing 30 percent of land and sea areas under protection by 2030.

World-renowned British primate expert Jane Goodall warned ahead of the summit there was little time to reverse the downward slide.

"The time for words and false promises is past if we want to save the planet," Goodall told AFP this week.

According to the International Union for Conservation of Nature (IUCN), which keeps a red list of threatened animals and plants, more than a quarter of assessed species -- about a million altogether -- are threatened with extinction.

Taking over the presidency of the COP, held every two years, Colombian Environment Minister Susana Muhamad told delegates that the goal of "peace with nature, implies a conceptual change in values.

"Nature is not a resource. Nature is the fiber of life that makes our own existence possible," she said.

Host Colombia is one of the most biodiverse countries in the world, and Petro, its first leftist president in modern history, has made environmental protection a priority.

But the country has struggled to extricate itself from six decades of armed conflict involving leftist guerrillas such as the EMC, right-wing paramilitaries, drug gangs, and the state.

A.Sun--ThChM