“Without such action, there will be a further acceleration in the global rate of species extinction, which is already at least tens to hundreds of times higher than it has averaged over the past 10 million years.” GBF

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The 15th Conference of Parties to the UN Convention on Biological Diversity adopted the “Kunming-Montreal Global Biodiversity Framework” (GBF), including four goals and 23 targets for achievement by 2030. Among the global targets for 2030: 
  • Effective conservation and management of at least 30% of the world’s lands, inland waters, coastal areas and oceans, emphasizing areas of particular importance for biodiversity and ecosystem functioning and services.
     
  • Reduce to near zero the loss of areas of high biodiversity importance, including ecosystems of high ecological integrity

  • Mobilize by 2030 at least $200 billion per year in domestic and international biodiversity-related funding from all sources – public and private

  • Raise international financial flows from developed to developing countries,in particular least developed countries, small island developing States, and countries with economies in transition, to at least US$ 20 billion per year by 2025, and to at least US$ 30 billion per year by 2030

  • Require large and transnational companies and financial institutions to monitor, assess, and transparently disclose their risks, dependencies and impacts on biodiversity through their operations, supply and value chains and portfolios

“We cannot reach net zero without halting and reversing nature loss, and we cannot tackle biodiversity loss without tackling climate change.” (UNEP FI) 

The world is on a path to irreversible climate change and mass species extinction. Biodiversity loss and climate change are the biggest threats facing our planet today. Every year, we lose hundreds of species of plants and animals as climate change causes them to shift their ranges. As well as the loss of species, many habitats are also threatened by climate change, including the polar regions and coral reefs.

We can achieve both the Paris Agreement and the Aichi Biodiversity Targets, as well as work towards a more just and sustainable future for all by working together towards global ecological restoration and a regenerative economy.


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