Takeaways from the Suspended Biodiversity COP

HiThe creation of a permanent consultative body for indigenous people and an agreement on payments for genetic resources are among the highlights from the nature talks.

The imbroglio over key discussions including the establishment of a wider new biodiversity fund for developing countries can adversely affect the implementation of the Kunming-Montreal Global Biodiversity Framework (GBF).already left.

It is not clear when or where the talks will resume on the unsettled key issue of biodiversity finance.

Developed countries including Canada, Japan, and the EU opposed calls from developing countries to establish a new separate fund for biodiversity beyond the Global Environment Facility (GEF).

Most of the developed countries are already lagging behind on their commitments to provide US$20 billion annually in international biodiversity financing by……  ….

Takeaways from the Suspended Biodiversity COP