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COP15: Nations Pledge to Protect 30% of the World by 2030

© AP Photo / Graham HughesActor and activist James Cromwell, third left, called on world leaders to "Stop the Human Asteroid" in the talks at COP15 in Montreal, Quebec, Canada, Thursday, Dec. 15, 2022.
Actor and activist James Cromwell, third left, called on world leaders to Stop the Human Asteroid in the talks at COP15 in Montreal, Quebec, Canada, Thursday, Dec. 15, 2022. - Sputnik India, 1920, 21.12.2022
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The 15th Conference of Parties adopted the Kunming-Montreal Global Biodiversity Framework (GBF) on Monday, setting 23 targets they aim to achieve by 2030.
Nearly 190 countries have reached an agreement at a United Nations biodiversity summit to protect the world's biodiversity, namely — about 30% of the land and marine areas by 2030.
The two-week-long Conference of Parties (COP-15) summit ended in Montreal, Canada on Monday. It was previously supposed to be held in China, but moved to Canada due to the COVID situation in the country.
UN Secretary-General Antonio Guterres hailed the deal, saying: "We are finally starting to forge a peace pact with nature," while Canada's Minister for the Environment and Climate Change, Steven Guilbeault, termed the deal as "truly a moment that will mark history as Paris did for the climate."
According to United Nations Environment Programme, 17% of the land and 10% of marine areas are currently under protected status.
The major takeaways include:
Maintaining, enhancing and restoring ecosystems, halting species extinction and maintaining genetic diversity.
"Sustainable use" of biodiversity - essentially ensuring that species and habitats can provide the services they provide for humanity, such as food and clean water.
Signatories aim to ensure $200 billion per year is channelled to conservation initiatives from public and private sources. Wealthier countries should contribute at least $20 billion of this annually by 2025 and at least $30 billion annually by 2030.
Meanwhile, the Democratic Republic of the Congo, which is home to lush tracts of rain forests, raised concern about the failrue of developed countries to launch a new fund for biodiversity.
The countries are expected to submit national reports to check up on the progress indicators in late by February 2026 and June 2029.
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