Zürcher Nachrichten - Things to know about global biodiversity agreement

EUR -
AED 4.35335
AFN 77.050797
ALL 96.66512
AMD 452.977132
ANG 2.121943
AOA 1087.00321
ARS 1715.259993
AUD 1.706088
AWG 2.136666
AZN 2.019869
BAM 1.955701
BBD 2.406579
BDT 146.012629
BGN 1.990709
BHD 0.449077
BIF 3539.921292
BMD 1.18539
BND 1.513224
BOB 8.256583
BRL 6.231008
BSD 1.19484
BTN 109.724461
BWP 15.634211
BYN 3.403228
BYR 23233.647084
BZD 2.403079
CAD 1.614917
CDF 2684.909135
CHF 0.911322
CLF 0.026011
CLP 1027.058063
CNY 8.240537
CNH 8.248946
COP 4350.080393
CRC 591.67013
CUC 1.18539
CUP 31.412839
CVE 110.259434
CZK 24.334287
DJF 212.769259
DKK 7.470097
DOP 75.226202
DZD 154.463202
EGP 55.903178
ERN 17.780852
ETB 185.61503
FJD 2.613371
FKP 0.865849
GBP 0.861444
GEL 3.194674
GGP 0.865849
GHS 13.089339
GIP 0.865849
GMD 86.533903
GNF 10484.470707
GTQ 9.164537
GYD 249.97738
HKD 9.259024
HNL 31.537408
HRK 7.536597
HTG 156.372106
HUF 381.328619
IDR 19883.141804
ILS 3.663335
IMP 0.865849
INR 108.693763
IQD 1565.320977
IRR 49934.560565
ISK 144.985527
JEP 0.865849
JMD 187.240547
JOD 0.840489
JPY 183.456955
KES 154.262212
KGS 103.662825
KHR 4804.757439
KMF 491.93733
KPW 1066.851144
KRW 1719.768532
KWD 0.36382
KYD 0.99575
KZT 600.939662
LAK 25713.701882
LBP 106998.998316
LKR 369.511346
LRD 215.369127
LSL 18.971842
LTL 3.500149
LVL 0.717031
LYD 7.497621
MAD 10.838453
MDL 20.096985
MGA 5339.730432
MKD 61.636888
MMK 2489.708718
MNT 4227.553379
MOP 9.608515
MRU 47.674593
MUR 53.852723
MVR 18.32658
MWK 2071.895403
MXN 20.70407
MYR 4.672854
MZN 75.580924
NAD 18.971842
NGN 1643.520192
NIO 43.96778
NOK 11.437875
NPR 175.559137
NZD 1.964681
OMR 0.458017
PAB 1.19484
PEN 3.994898
PGK 5.114742
PHP 69.837307
PKR 334.289724
PLN 4.215189
PYG 8003.59595
QAR 4.35638
RON 5.097064
RSD 117.394074
RUB 90.535429
RWF 1743.311992
SAR 4.447217
SBD 9.544303
SCR 17.203132
SDG 713.016537
SEK 10.580086
SGD 1.506161
SHP 0.88935
SLE 28.834661
SLL 24857.038036
SOS 682.865527
SRD 45.104693
STD 24535.182964
STN 24.498763
SVC 10.454472
SYP 13109.911225
SZL 18.966043
THB 37.225573
TJS 11.153937
TMT 4.148866
TND 3.433027
TOP 2.854135
TRY 51.401485
TTD 8.11259
TWD 37.456003
TZS 3076.744675
UAH 51.211415
UGX 4271.784345
USD 1.18539
UYU 46.367659
UZS 14607.262574
VES 410.075543
VND 30749.020682
VUV 140.814221
WST 3.213333
XAF 655.923887
XAG 0.014004
XAU 0.000244
XCD 3.203577
XCG 2.153391
XDR 0.815759
XOF 655.923887
XPF 119.331742
YER 282.508153
ZAR 19.134414
ZMK 10669.938133
ZMW 23.448816
ZWL 381.695147
  • SCS

    0.0200

    16.14

    +0.12%

  • RIO

    -4.1000

    91.03

    -4.5%

  • CMSC

    0.0500

    23.76

    +0.21%

  • BCE

    0.3700

    25.86

    +1.43%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • BTI

    0.4600

    60.68

    +0.76%

  • BCC

    0.5100

    80.81

    +0.63%

  • CMSD

    -0.0400

    24.05

    -0.17%

  • NGG

    0.2000

    85.27

    +0.23%

  • GSK

    0.9400

    51.6

    +1.82%

  • JRI

    0.1400

    13.08

    +1.07%

  • AZN

    0.1800

    92.77

    +0.19%

  • RELX

    -0.3700

    35.8

    -1.03%

  • BP

    -0.1600

    37.88

    -0.42%

  • RYCEF

    -0.4300

    16

    -2.69%

  • VOD

    -0.0600

    14.65

    -0.41%

Things to know about global biodiversity agreement
Things to know about global biodiversity agreement / Photo: Lars Hagberg - AFP

Things to know about global biodiversity agreement

After years of negotiations, the world has agreed a landmark deal to protect vanishing species and ecosystems.

Text size:

Here are some of the strengths of the pact agreed at the UN meeting in Montreal called COP15, as well as where it fell short.

- '30 by 30' -

The cornerstone of the agreement is the so-called 30 by 30 goal -- a pledge to protect 30 percent of the world's land and seas by 2030 -- up from about 17 percent of land and seven percent of oceans currently.

The oceans target had reportedly been opposed by some countries but made it into the final text. Some experts had said 30 percent is a low aim, insisting that protecting 50 percent would be better.

- Indigenous rights -

Indigenous rights were addressed throughout the text, including in areas covered by the 30 by 30 pledge -- safeguarding Indigenous peoples' right to remain stewards of land they use and ensuring they are not subject to evictions in the name of conservation.

The International Indigenous Forum on Biodiversity praised the text for its "strong language on respect for the rights of Indigenous Peoples and local communities."

- Funding -

The text approves the objective for rich countries to provide "at least US$20 billion per year by 2025, and ... at least US$30 billion per year by 2030," approximately double and then triple the current international aid for biodiversity.

Developing countries were seeking a new funding mechanism, but developed nations said it would take several years to create.

A halfway solution was adopted: a "trust fund" within an existing financial mechanism called the Global Environment Facility, as a stepping stone towards a new fund.

- Pesticides -

The accord prescribes efforts for "reducing the overall risk from pesticides and highly hazardous chemicals by at least half."

Some delegates and campaigners had argued that the emphasis should be on overall pesticide "use" which is easier to measure. But specialists said some pesticides are powerful in small quantities so the emphasis should be on "risk."

- Genetic sequencing -

The framework demands people receive benefits from "genetic resources" originating in their countries: natural assets, such as medicine or cosmetic ingredients in plants, which may be sourced in a developing country but then have their genetic information mapped and shared with researchers and companies abroad.

The text calls on parties to "ensure the fair and equitable sharing of benefits that arise from the utilization of genetic resources and from digital sequence information" and "traditional knowledge" associated with them.

- Business -

Despite common fears of "greenwashing" at environment summits, several delegates and observers said businesses played a largely positive role at COP25. But some noted lacked a strong mandate for businesses to assess and report on their biodiversity impacts -- the accord instead merely urged countries to "encourage" them to do so.

Eliot Whittington, director of policy at the says Cambridge Institute for Sustainability Leadership, said the accord should "prompt a new mandatory disclosure framework for larger businesses... something the business community has supported vigorously at COP15."

- Milestones -

The document sets a mechanism for implementation of the deal, but it is less strict than the Paris climate agreement. Campaigners complained the COP15 text did not contain enough "milestones" for marking progress.

For example, the text says human-induced extinction of known threatened species must be halted, and, by 2050, the extinction rate of all species reduced tenfold -- but there aren't targets that countries must hit before that year.

N.Zaugg--NZN