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The new Kunming-Montreal Global Biodiversity Framework (GBF)

The new Kunming-Montreal Global Biodiversity Framework (GBF)

  • In the recent Convention on Biological Diversity (CBD) conference held in Montreal recently, 188 of 196 member governments agreed on a new framework to halt the sharp and steady loss of biological species.
  • Adopted Kunming-Montreal Global Biodiversity Framework (GBF) that sets out 4 goals for 2050, and 23 targets for 2030, to save existing biodiversity and ensure that 30% of degraded ecosystems come under effective restoration.

Importance of biodiversity

  • Web of life: biodiversity signifies the variety of species on earth, which sustain the balance of ecosystems, enabling humans to coexist.
  • Perform a plethora of biological functions: by interacting with environment.
  • Render ecosystem services: like providing humans with food, fuel, fibre, shelter, building materials, air and water purification, etc.

Aim of the Kunming-Montreal pact

  • Sets out targets for 2030 on:
    • protection for degraded areas
    • resource mobilization for conservation
    • compensation for countries that preserve biodiversity
    • halting human activity linked to species extinction
    • reducing by half the spread of invasive alien species
    • cutting pollution to non-harmful levels
    • minimizing climate change impact and ocean acidification
  • Call for sustainable use of biodiversity: and a sharing of benefits from genetic resources.
  • Respect for the rights of indigenous communities: and their involvement in conservation efforts.
  • Emphasis to adopt biodiversity-supporting methods: such as agroecology and sustainable intensification.
  • Turning cities into hosts of biodiversity: by expanding the area of and improving the quality and access to urban green and blue spaces.

4 GBF goals for 2050:

  • Maintaining ecosystem integrity and health to halt extinctions
  • Measuring and valuing ecosystem services provided by biodiversity
  • Sharing monetary and non-monetary gains from genetic resources and digital sequencing of genetic resources
  • Raising resources for all countries to close a biodiversity finance gap of an estimated $700 billion

Funding arrangements

  • $200 bn per year from domestic, international, public & private financers: towards implementation of the national action plans.
  • Special Trust Fund by the Global Environment Facility (GEF): to support the implementation of the GBF.

Challenges to protecting biodiversity

  • GDP as chief determinant of development: GDP excludes “depreciation of assets” like nature degraded by relentless extraction of resources.

Prelims Takeaway

  • Aichi biodiversity targets
  • Nagoya Protocol
  • Global Environment Facility (GEF)

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