Global EditionASIA 中文雙語Fran?ais
    World
    Home / World / Americas

    COP15: What firms must do to accelerate action on nature

    By RENA LI in MONTREAL | chinadaily.com.cn | Updated: 2022-12-19 07:18
    Share
    Share - WeChat
    An exhibition of Global Youth Biodiversity Network during COP 15 held on Dec 7-19 in Montreal. [Rena Li / China Daily]

    At the 15th Conference of the Parties (COP15) in Montreal, the meeting emphasized the society's need to render positive actions to reverse biodiversity loss.

    Last week, the scientific community convened to discuss how science, technology, and innovation can contribute to the effective implementation of the post-2020 global biodiversity framework.

    "Our financial and economic systems need to properly reflect the value of biodiversity is the foundation of a healthy planet," Ellen Stofan, Under Secretary for Science and Research at the Smithsonian Institution, and co-chair of the Consortium of Scientific Partners, said at the closing plenary.

    Stofan said successful implementation of the post-2020 GBF will largely depend on a robust monitoring framework. This requires strengthening capacities filling gaps in taxonomic geographic and temporal coverage of biodiversity data and sharing data more systematically.

    Meanwhile, public engagement and education are keys to bringing biodiversity to the center of decision-making.

    "In particular, young scientists and early career researchers play a critical role as agents of change in addressing the drivers of biodiversity loss," said Stofan.

    During the conference, the indigenous peoples and local communities have successfully promoted their land recognitions and territorial rights. They also shared their knowledge in innovations and conservation practices.

    "We hope to prioritize language revitalized lessons and restorations with sufficient and focus funding and promote long-term commitments to increase the number of fluent speakers," said Lakpa Nuri Sherpa, co-chair of the International Indigenous Forum on Biodiversity, adding they look forward to contributing to the implementation of the post-2020 GBF.

    The Chinese NGOs also play an important role in biodiversity conservation, Chinese NGO representative Xu Guang, secretary general of China Environmental Protection Foundation, said.

    According to Xu, Chinese NGOs have heavily involved in biodiversity work, they are important implementers, participants, promoters, and stakeholders in the exercise.

    "We've done much work in terms of biodiversity awareness, raising education, monitoring protection of nature reserves, typical ecosystems, as well as community building and sustainable development," Xu said.

    The internet has proven to be important platform that changes human thinking and behavior to exert mobilization capabilities, according to Xu. For instance, the "Everyone One Square Meter" project, organized by Chinese NGOs, have not only raised funds, but also mobilized nearly 200 million people in the whole society to protect, support and love the natural ecology.

    There are no livelihoods, no business, no economy without nature, Eva Zabey, executive director of Business for Nature, said.

    Zabey urged all businesses and financial institutions to assess and disclose their impacts and dependencies on biodiversity. Without this information, governments, investors, businesses, consumers and IPLCs (Indigenous Peoples and Local Communities) are "flying blind."

    "We need to align all public and private financial flows to a nature positive world with a robust resource mobilization strategy that includes reforming all environmentally harmful subsidies and incentives," she added.

    In the conference, delegates called for urgent, transformative action to tackle global biodiversity crisis.

    To summarize the outcomes of the major events held parallel to the 15th Conference of the Parties (COP15), a meeting in Montreal to negotiate a new global framework under the Convention on Biological Diversity (CBD), constituencies have put their efforts to the implementation of the post-2020 global biodiversity framework, an ambitious agreement that halts and reverses nature loss by 2030.

    Huang Runqiu, president of COP 15 and China's minister of Ecology and Environment, who host the closing plenary of High-Level Segment on Saturday, said he was delighted to see many countries have met or even surpassed part of the conservation targets. Several countries have increased even doubled or quadrupled domestic and overseas funding for biodiversity protection.

    Yet, calls heard from many sides' events for greater resource mobilization, capacity building, technology transfer and scientific cooperation, Huang said. Support was requested to establish a fund to ensure financing mechanisms are aligned with the NGOs and other monitoring system.

    "In addition, human rights and gender equality must also be taken into consideration in this regard," Huang said. "Many delegates emphasized that the issue of digital sequence information (DSI) on genetic resources must also be included in the framework."

    To address biodiversity loss in good coordination with public financial sources, 126 groups of financial institutions representing 21 countries all signed the finance for biodiversity pledge during the COP 15.

    "We hope that the final negotiations come to a positive outcome, and the final tax includes aligning financial flows with the goals and targets of the GBF, with strong references to disclosure requirements for businesses and financial institutions and made an opening to leverage private biodiversity finance as one of the solutions for closing the finance gap on nature," said Jan Erik Saugestad, CEO of Storebrand Asset Management, Finance for Biodiversity.

    Saugestad also proposed to set disclosure regulation that require all corporates and financial institutions to assess their impact and dependency on nature using global standards, to support central banks and financial supervisors to integrate nature-related risks next to climate-related risks into the regulatory framework.

    Most Viewed in 24 Hours
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    亚洲va中文字幕无码久久不卡| 中文在线中文A| 在线欧美中文字幕农村电影| 无码人妻视频一区二区三区| 最近中文字幕大全免费视频| 无码国模国产在线无码精品国产自在久国产 | 精品无码一区在线观看 | 无码av人妻一区二区三区四区 | 最近更新中文字幕在线| 久久无码精品一区二区三区| 亚洲av永久无码精品漫画 | 无码精品国产dvd在线观看9久| 亚洲成av人片不卡无码久久| 久久ZYZ资源站无码中文动漫| 免费看无码特级毛片| 最近中文字幕mv免费高清视频8| 中文无码字慕在线观看| 免费无码AV一区二区| 无码国产精成人午夜视频一区二区 | 无码国产精成人午夜视频一区二区| 无码国内精品久久综合88| 中文字幕亚洲精品资源网| 亚洲AV区无码字幕中文色| 国产成人无码A区在线观看视频 | 亚洲av日韩av无码黑人| 免费无码黄网站在线看| 成人麻豆日韩在无码视频| 中文字幕精品久久久久人妻| 日本不卡中文字幕| 中文字幕在线观看免费视频| а天堂中文最新版在线| 日本精品中文字幕| 最好看最新的中文字幕免费| 最好看更新中文字幕| 一二三四在线观看免费中文在线观看| 中文字幕欧美日韩| 无码av人妻一区二区三区四区| 人妻少妇AV无码一区二区| 亚洲av无码精品网站| 免费无码又爽又刺激高潮视频| 久久男人Av资源网站无码软件 |