Zürcher Nachrichten - Talks on halting nature loss run into extra time in Colombia

EUR -
AED 4.309185
AFN 77.664833
ALL 96.578153
AMD 447.171387
ANG 2.100795
AOA 1075.974916
ARS 1700.476811
AUD 1.767714
AWG 2.11499
AZN 1.993018
BAM 1.957417
BBD 2.36071
BDT 143.349055
BGN 1.95623
BHD 0.4424
BIF 3465.69311
BMD 1.173365
BND 1.515258
BOB 8.099727
BRL 6.513937
BSD 1.172048
BTN 105.019984
BWP 16.486341
BYN 3.444788
BYR 22997.944348
BZD 2.357308
CAD 1.616486
CDF 3002.053142
CHF 0.931885
CLF 0.027239
CLP 1068.571028
CNY 8.261601
CNH 8.251715
COP 4494.45541
CRC 585.383681
CUC 1.173365
CUP 31.094159
CVE 110.356654
CZK 24.322262
DJF 208.718899
DKK 7.469058
DOP 73.420665
DZD 152.282774
EGP 55.701142
ERN 17.600468
ETB 182.087276
FJD 2.683896
FKP 0.880157
GBP 0.874526
GEL 3.150516
GGP 0.880157
GHS 13.462181
GIP 0.880157
GMD 85.655547
GNF 10245.552838
GTQ 8.981459
GYD 245.223664
HKD 9.127767
HNL 30.878119
HRK 7.532879
HTG 153.677633
HUF 386.567869
IDR 19695.509941
ILS 3.76599
IMP 0.880157
INR 105.136335
IQD 1535.468701
IRR 49398.645621
ISK 147.210343
JEP 0.880157
JMD 187.544961
JOD 0.831933
JPY 184.814279
KES 151.376059
KGS 102.610622
KHR 4703.906708
KMF 492.81343
KPW 1056.02802
KRW 1736.943149
KWD 0.360833
KYD 0.976807
KZT 606.561179
LAK 25385.542435
LBP 104960.335779
LKR 362.89366
LRD 207.457879
LSL 19.662411
LTL 3.464641
LVL 0.709756
LYD 6.353141
MAD 10.743823
MDL 19.843057
MGA 5330.313385
MKD 61.60011
MMK 2464.431858
MNT 4166.879392
MOP 9.394362
MRU 46.907758
MUR 54.17501
MVR 18.128533
MWK 2032.444691
MXN 21.122085
MYR 4.783227
MZN 74.995458
NAD 19.662747
NGN 1711.915715
NIO 43.136009
NOK 11.894511
NPR 168.034124
NZD 2.029398
OMR 0.45116
PAB 1.172073
PEN 3.947178
PGK 4.986162
PHP 68.993251
PKR 328.389238
PLN 4.205643
PYG 7863.363174
QAR 4.273149
RON 5.086416
RSD 117.383056
RUB 93.018839
RWF 1706.580996
SAR 4.401058
SBD 9.559106
SCR 16.336993
SDG 705.789525
SEK 10.866224
SGD 1.514473
SHP 0.880327
SLE 28.219844
SLL 24604.87134
SOS 668.652483
SRD 45.105889
STD 24286.276292
STN 24.520365
SVC 10.255474
SYP 12975.512305
SZL 19.659909
THB 36.586091
TJS 10.800924
TMT 4.106776
TND 3.430849
TOP 2.825181
TRY 50.228508
TTD 7.955573
TWD 36.975015
TZS 2914.028456
UAH 49.558404
UGX 4192.481957
USD 1.173365
UYU 46.018219
UZS 14090.462297
VES 331.076119
VND 30899.967624
VUV 141.511723
WST 3.271124
XAF 656.488242
XAG 0.017038
XAU 0.000266
XCD 3.171076
XCG 2.112445
XDR 0.816461
XOF 656.488242
XPF 119.331742
YER 279.730202
ZAR 19.609678
ZMK 10561.685231
ZMW 26.518459
ZWL 377.822893
  • NGG

    -0.0510

    76.04

    -0.07%

  • SCS

    0.0200

    16.14

    +0.12%

  • RYCEF

    0.2100

    15.61

    +1.35%

  • CMSD

    -0.0200

    23.22

    -0.09%

  • CMSC

    -0.1200

    23.17

    -0.52%

  • RIO

    1.5500

    79.87

    +1.94%

  • GSK

    0.2400

    48.85

    +0.49%

  • AZN

    -0.1500

    91.21

    -0.16%

  • RBGPF

    0.7800

    81

    +0.96%

  • BCE

    -0.1040

    22.741

    -0.46%

  • JRI

    0.0090

    13.39

    +0.07%

  • VOD

    0.0600

    12.9

    +0.47%

  • RELX

    0.1700

    40.92

    +0.42%

  • BTI

    0.6650

    57.09

    +1.16%

  • BP

    0.5100

    34.43

    +1.48%

  • BCC

    -0.0400

    74.72

    -0.05%

Talks on halting nature loss run into extra time in Colombia

Talks on halting nature loss run into extra time in Colombia

Negotiations at the world's biggest nature conservation conference ran hours into overtime in Cali, Colombia on Saturday, with talks deadlocked on funding for efforts to "halt and reverse" species loss.

Text size:

A closing plenary session, scheduled for Friday evening, started more than four hours late as groups of negotiators huddled behind closed doors seeking to iron out their differences.

The 16th Conference of Parties (COP16) to the UN's Convention on Biological Diversity (CBD) opened on October 21 and was scheduled to close Friday.

Asked by a delegate at around 1:00 am (0600 GMT) on Saturday how much longer the meeting would last, COP16 president Susana Muhamad, Colombia's environment minister, replied: "Until victory."

The conference, the biggest meeting of its kind with around 23,000 registered delegates, is a follow-up to an agreement reached two years ago in Canada.

The Kunming-Montreal Global Biodiversity Framework that emerged from COP15 identified 23 targets to halt humankind's rapacious destruction of nature's bounty.

These included placing 30 percent of land and sea areas under protection and 30 percent of degraded ecosystems under restoration by 2030, reducing pollution, and phasing out agricultural and other subsidies harmful to nature.

It had agreed on $200 billion per year to be made available to protect biodiversity by 2030, including $30 billion per year from rich to poor nations.

- 'Cali Fund' -

COP16 was tasked with assessing and accelerating progress.

But negotiations on funding failed to advance, observers and delegates say, even as new research presented this week showed that more than a quarter of assessed plants and animals are now at risk of extinction.

The Colombian presidency of the summit proposed a raft of last-minute draft texts for negotiators to consider as a way to end the stalemate.

One option was for talks on financing to continue after the summit -- and until the next one in Armenia in 2026 -- to find a "comprehensive financial solution to close the finance biodiversity gap."

Such talks would also assess the viability of creating a new, dedicated biodiversity fund -- a key demand from developing countries that say they are not represented in existing mechanisms, which are also too onerous.

Another point of contention was on how best to share the profits of digitally sequenced genetic data taken from animals and plants with the communities they come from.

Such data, much of it from species found in poor countries, is notably used in medicines and cosmetics that can make their developers billions.

COP15 had approved the creation of a "multilateral mechanism" for sharing the benefits of digitally sequenced genetic information -- abbreviated as DSI.

But negotiators in Cali have yet to agree on such basic questions as who pays, how much, into which fund and to whom the money should go.

In a draft text for negotiators, the COP16 presidency proposed creating a new "Cali Fund" for the equitable sharing of DSI benefits.

Negotiators also remain stuck on the nature of a mechanism for monitoring progress toward the UN goals.

- 'Clock is ticking' -

UN chief Antonio Guterres, who had stopped over in Cali for two days with five heads of state and dozens of ministers to add impetus to the talks, reminded delegates that humanity has already altered three-quarters of Earth's land surface and two-thirds of its waters.

"The clock is ticking. The survival of our planet's biodiversity -- and our own survival -- are on the line," he said.

In the first major breakthrough after nearly two weeks of tough talks, COP16 delegates agreed late Friday to create a permanent body to represent the interests of Indigenous people under the UN's biodiversity convention.

Representatives of Indigenous peoples, many in traditional dress and headgear, broke out in cheers and chants as the agreement was gaveled through.

The meeting was held amid a massive security deployment following threats from a Colombian guerrilla group with its base of operations near Cali.

A.Wyss--NZN