A meeting of countries in Rome this week approved a plan to generate 200 billion US dollars in financial resources in finances by 2030 in order to reverse the destruction of the natural world.
The COP16 talks of the United Nations about biodiversity began in Colombia last October, but at that time failed to reach an agreement on important elements, including who would contribute to how the money would collect and who would monitor it.
US President Donald Trump scales the inclusion of the world’s largest business financing, so the agreement on Thursday evening was a welcome thrust for global deal-makeing.
Under the leadership of negotiators from the so-called BRICS countries of Brazil, Russia, India, China and South Africa, the delegates planned a plan to find at least $ 200 billion a year from a number of sources to protect nature.
Susana Muhamad, Cop16 President and Colombia’s excruciating Minister of the Environment, announced the agreement as a triumph for nature and for multilateralism in a year in which the political landscape is increasingly fragmented and diplomatic friction is growing.
“From Cali to Rome we have sent a light of hope that the common good, the environment and the protection of life and the ability to be something greater than national interest are still coming together,” said Muhamad.
The agreement is also a victory for Canadian diplomatic efforts. The financial agreement is a result of a pioneering agreement in Montreal in 2022, when the countries agreed to protect 30 percent of the world and oceans in the world.
The Canadian negotiators, led by the Federal Minister of Environment Steven Guilbeauault, received this deal through complex and sacred negotiations with 196 countries.
Since then, the Canadian government has advanced financing in the nature conservation efforts at home, including an announcement on Thursday of $ 200 million for the preservation in the Arctic.
The delegates also agreed to investigate whether a new biodiversity fund had to be created, as requested by some developing countries or whether an existing fund such as the funds operated by the global environmental facility would be sufficient. The FEF has made more than 23 billion US dollars available for thousands of natural projects in the past 30 years.
“Everyone with the spirit of the compromise made concessions, and in general for developing countries the result was very much
Positive, “said Maria Angélica Ikeda, director of the Ministry of the Environment in the Brazilian Ministry of Foreign Affairs, to Reuters when the plenar closed on Thursday evening was completed.
“I come from the meeting happy and optimistic.”
The need for measures has only increased in recent years, with the average size of wildlife populations since 1970 has decreased by 73 percent, as data from the global fund for the 2024 Living Planet report from Nature 2024.
The ghost of the auxiliary cuts was also felt in the negotiation rooms, which frustrated the frustration of some countries from Brazil to Egypt and Panama that rich nations did not meet their obligations to provide warranty funds.
The Zoological Society of Londons Policy Head, Georgina Chandler, asked the governments to fulfill their commitment to $ 30 billion a year until 2030 in order to stop and reverse the loss of biological diversity.
The deal in Rome helps to show the steps required for the implementation of the global biological diversity (Kunming-Montreal Kunming-Montreal “(GBF), which was agreed in 2022 and the countries were obliged to make environmental goals.
The countries also agreed with a number of technical rules for monitoring progress in the direction of the GBF and secured an obligation for the countries to publish a national report on their biodiversity plans at the next natural conference, COP17, which will take place in Armenia in 2026.
The talks come for international climate diplomacy at the beginning of a busy year, while the countries meet at various events to discuss the pollution of plastics, maintain the oceans and to achieve global development goals, from the COP30 climate talks in November.
