COP-15 SUMMIT AND BIODIVERSITY DEAL

  • After four years of fractious talks, nearly 200 countries, including India, approved a historic Paris-style deal on Monday to protect and reverse dangerous loss to global biodiversity, following an intense final session of negotiations at the UN COP-15 summit here in Canada.
  • Amid applause, Chinese Environment Minister Huang Runqiu, the president of the COP-15 biodiversity summit, which started on December 7, declared the Kunming-Montreal Agreement adopted.
  • The Chair manoeuvred to ignore Congo’s last-minute refusal, demanding greater funding for developing countries.
  • The Chinese-brokered deal is aimed at saving the lands, oceans and species from pollution, degradation and climate change. Monitored wildlife populations have seen a devastating 69% drop on average since 1970, according to the Living Planet Report (LPR) 2022 of the World Wildlife Fund (WWF).
  • Environment Minister, Bhupender Yadav, who was part of negotiations, told The Hindu that broadly the agreement was “positive” as far as India was concerned.
  • On Saturday, he laid out India’s position that goals and targets set in the Global Biodiversity Framework ought to be ambitious, as well as “realistic and practical”.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

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