Actions needed to stop nature loss now
The 2022 COP 15 biodiversity agreement saw nations adopt four goals and 23 targets to protect 30% of Earth’s lands, oceans, coastal areas and inland waters by 2030.
Target number 15 requires governments to encourage and enable businesses
(large, multinationals in particular), and financial institutions to assess and monitor their risks and dependencies on biodiversity and disclose them, as well as provide information to consumers to promote sustainable consumption.
The Kunming-Montreal Global Biodiversity Framework’s four overarching global goals:
The integrity, connectivity and resilience of all ecosystems are maintained, enhanced, or restored, substantially increasing the area of natural ecosystems by 2050
Human induced extinction of known threatened species is halted, and, by 2050, extinction rate and risk of all species are reduced tenfold, and the abundance of native wild species is increased to healthy and resilient levels
The genetic diversity within populations of wild and domesticated species is maintained, safeguarding their adaptive potential.
Biodiversity is sustainably used and managed and nature’s contributions to people, including ecosystem functions and services, are valued, maintained and enhanced, with those currently in decline being restored, supporting the achievement of sustainable development, for the benefit of present and future generations by 2050
The monetary and non-monetary benefits from the utilization of genetic resources, and digital sequence information on genetic resources, and of traditional knowledge associated with genetic resources, as applicable, are shared fairly and equitably, including, as appropriate with indigenous peoples and local communities, and substantially increased by 2050, while ensuring traditional knowledge associated with genetic resources is appropriately protected, thereby contributing to the conservation and sustainable use of biodiversity, in accordance with internationally agreed access and benefit-sharing instruments.
Adequate means of implementation, including financial resources, capacity building, technical and scientific cooperation, and access to and transfer of technology to fully implement the Kunming-Montreal global biodiversity framework are secured and equitably accessible to all Parties, especially developing countries, in particular the least developed countries and small island developing States, as well as countries with economies in transition, progressively closing the biodiversity finance gap of $700 billion per year, and aligning financial flows with the Kunming-Montreal Global Biodiversity Framework and the 2050 Vision for Biodiversity.