Countries reach COP17 deal to speed up biodiversity action, but money still short
Countries adopted the Yerevan Pathway to speed implementation of the biodiversity framework, while finance pledges still fall far short of the $200 billion annual goal.
- Early on Saturday morning, nearly 200 nations approved crucial agreements at the COP17 biodiversity summit in Yerevan, Armenia, concluding two weeks of tense, overtime negotiations.
- Nations struggled to meet the Global Biodiversity Framework's 2022 goal of protecting 30% of land and seas by 2030, with the UN warning earlier this week that current efforts remain insufficient.
- Delegates saw more than $1 billion pledged at the summit to address a $700 billion annual funding gap, with significant support from philanthropists including Leonardo DiCaprio's Re:wild organization.
- "Perfect," said COP17 President Hambardzum Matevosyan to applause as he finalized the documents, though specific details were not immediately released to the public.
- Catherine Weller from Fauna & Flora noted nations must urgently correct course to protect nature, as species are becoming extinct at 100 times the natural rate due to human activities.
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CBD COP17: Parties adopt Yerevan Pathway as biodiversity talks end amid criticism
The adoption followed weeks of intensive deliberations among Parties on a broad range of issues, including benefit-sharing, biodiversity financing, harmful subsidies, Indigenous Peoples’ rights and marine conservation.
COP17 adopts Yerevan Pathway to fast-track biodiversity priorities
"Over these two weeks, we have demonstrated that differences can be bridged, commitments can become decisions and cooperation can deliver," said Matevosyan. While countries agreed to intensify efforts to halt biodiversity loss and protect nature, contentious factors including the thorny issue of who pays for initiating steps to protect nature were addressed through compromises.
COP 17, the United Nations conference on biodiversity, ended on Saturday (31) in Armenia, with some advances and postponing contentious topics for the next meeting, in Ecuador, in 2028. There was no progress in financial resources for the loss of global nature. There are, however, technical and other results in the rights of traditional communities, indigenous peoples and Afro-descendants. Exclusive material for subscribers. To have full access,…
The head of the Environmental Protection Organization said: Iran's strong presence at COP 17 is an indication of the country's use of global resources to preserve biodiversity.
The UN Biodiversity Summit, held in Yerevan, concluded with new commitments to protect nature by 2030, but without an agreement on additional funding. Nearly 200 countries have failed to establish who should contribute to covering the annual deficit of $700 billion needed to protect biodiversity, says Politico.
Countries commit to get nature goals back on track
Nearly 200 nations on Friday struck hard-fought agreements at a UN biodiversity summit, but the outcome was accompanied by disappointment over missed opportunities to address humanity’s destructive toll on nature.Delegates cheered as crucial texts were approved in overtime, but the celebrations were
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