COP15: historic global deal for nature and people

COP15: historic global deal for nature and people

Early this morning at the UN Biodiversity conference COP15 in Montréal, Canada, the EU joined 195 countries in the historic Kunming-Montreal Global Biodiversity Framework. This framework contains global goals and targets aiming to protect and restore nature for current and future generations, ensure its sustainable use as well as spur investments for a green global economy. Together with the Paris Agreement on climate, it paves the way towards a climate-neutral, nature-positive and resilient world by 2050.

The agreement is a solid framework with clear, measurable goals and targets, with complete monitoring, reporting, and review arrangements to track progress complemented by a robust resource mobilisation package.

More than half of global GDP depends on ecosystem services. 70% of the world's most vulnerable people depend directly on wild species. The Kunming-Montreal agreement will accelerate ambitious policies around the world and mobilise financing for biodiversity from all sources – USD 200 billion per year by 2030. It commits the global community to actions to protect and restore nature and remove pollution – such as those that are part of the European Green Deal. This will ensure that nature continues sustaining societies, economies and communities for decades to come. (...)