By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    United Nations
    4th International Conference On Financing For Development Delivers Renewed Hope And Action For Sustainable Development
    2 months ago
    The African Development Bank and the United Nations Human Settlements Programme (UN-Habitat) scale up drive for sustainable urbanization in Africa
    AfDB, UN-Habitat Scale Up Drive For Sustainable Urbanisation In Africa
    2 months ago
    UN
    North Africa: Green Climate Fund Approves Record $300m For FAO-designed Projects In Papua New Guinea, Saint Lucia, The Sahel
    2 months ago
    UNICEF
    How Wars Across Middle East, North Africa Affecting Children – UNICEF
    2 months ago
    UNDP
    UN Development Programme Welcomes Historic Deal On Sustainable Development Even Amidst Global Turmoil
    2 months ago
  • Africa
    Africa
    Show More
    Top News
    Human Rights Watch Kicks Over 10-Year Jail Term Giving Burundian Journalist
    3 years ago
    Democracy In Africa In Crisis, Afrobarometer Warns
    2 years ago
    Hopesalive Initiative for Africa
    Queen Temitope Enitan-Ogunwusi Receives African Award In Ethiopia
    2 years ago
    Latest News
    Ghana President Mahama Calms Nigerians’ Fears: No Mass Deportations
    3 weeks ago
    At Gender Statistics Forum, African Leaders Urge Renewed Commitment To Quality Gender Data
    2 months ago
    Ooni’s Wife, Olori Temitope Enitan-Ogunwusi Takes Ile Ife Royalty To ADWIN Launch In Cote d’Ivoire
    2 months ago
    Independent UN Body Finds Systemic Racism Against Africans And People Of African Descent
    2 months ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Nobody Can Hijack Our Mandate, Vows Osun Gov, Adeleke
    3 years ago
    PDP To Osun People: Oyetola Is A ‘Political Leprosy’, Run For Cover
    2 years ago
    UI Alumni Association Hails Okowa’s Giant Strides In Delta State
    2 years ago
    Latest News
    NSC Chairman To Engage With Youth And Sports Stakeholders At The Nest Centre
    5 days ago
    Edo District Bye-election: SDP Candidate, Hon. Isidahomhen Promises To Pursue Best Interest Of Esanland 
    2 weeks ago
    PHOTOS: Vinod Obasa Takes Oath Of Office
    3 weeks ago
    Gov Adeleke’s Outburst Against Aregbesola Shows Sign Of A Drowning Man – ADC Group
    1 month ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    1 year ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    Lagos SWAN Chairman, Oladunni, Elected into Fellowship of the Institute of Security Nigeria
    9 hours ago
    Entrepreneurship, Mentorship, And Scholarship Are Gains Of FUTO Alumni Homecoming 2025
    1 day ago
    PHOTOS: UNFPA Celebrates 2025 Humanitarian Day In Abuja
    3 days ago
    Nigerian Law Society Seeks Partnership with NBA, Hails Reforms at 2025 Annual Conference
    4 days ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Nigeria’s Glo(W)Ing Entertainment Industry: 19 Years Of Strategic Partnership
    3 years ago
    2023 Polls: Stay Tuned To These Channels On GOtv For Breaking News And Analysis 
    3 years ago
    Family, Friends Celebrate As Princess Zara Raji Turns Two
    2 years ago
    Latest News
    Story Of A Greener Future: MultiChoice’s Journey To Renewable Energy And A 20% Carbon-emission Cut By 2028
    2 days ago
    Lagos Govt Reiterates Commitment To Nollywood Growth
    5 days ago
    Unlock More for Less as Big Brother Naija Season 10 Beckons
    1 month ago
    Purp vs Raymu: Who Will Be Crowned The Next Nigerian Idol?
    2 months ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Sanwo-Olu Receives TAMPAN Award
    6 months ago
    Veteran Journalist Gives Out Daughter In Marriage In Lagos
    2 years ago
    Joining The Knighthood Brings You Closer To God -Sir Eva Njemanze
    2 months ago
    Latest News
    Lagos Tourism Ministry Visits Heritage Sites For Inventory, Documentation
    2 days ago
    Nigerian Minister Presents UNESCO Certificate To Alaafin Of Oyo At Sango World Festival
    5 days ago
    Lagos Govt Reiterates Commitment To Nollywood Growth
    5 days ago
    Noble Call to Service: Inside the Induction of 104 New Knights of St. Mulumba
    2 months ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    ₦46B in pre-launch transactions.
    After ₦46B Pre-launch Transactions, Fidelity Bank Unveils PAPSS In Nigeria
    1 week ago
    Opay In Trouble, Caught In Alleged Fraud Allegations And Legal Controversies Between January To July 2025
    3 weeks ago
    Petralon's Nigerian Drilling Campaign to Boost Offshore Oil Output
    Petralon’s Nigerian Drilling Campaign To Boost Offshore Oil Output
    2 months ago
    Year 2025
    How Nigeria Can Unleash Its Economic Potential – IMF
    2 months ago
    GTCO Plc Becomes 1st West Africa’s Financial Services Institution To Achieve Listing And Trading Of Its Ordinary Shares On London Stock Exchange
    2 months ago
  • Health
    Health
    Show More
    Top News
    WHO
    WHO Gives Nigerian Laboratory Full Accreditation To Fight Measles And Rubella
    3 years ago
    European Union Allocates N75m To Prevent Spread Of Diphtheria In Nigeria
    2 years ago
    US Govt Must Heed Lessons Of PEPFAR – AIDS Society Warns
    2 years ago
    Latest News
    At AIDS Council Meeting, Lagos First Lady Urges Bold, Sustainable Action for Nigeria’s HIV Response
    2 weeks ago
    Africa Speaks Out, Ready To Stop Health Worker Migration Crisis
    3 weeks ago
    AIDS Society Welcomes US Bipartisan Move To Protect PEPFAR
    1 month ago
    SSB Tax: Industry Actors, Paid Mouthpieces Slammed Over Campaign To Stop CAPPA
    1 month ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Countries to Resume Crucial Biodiversity Discussions In Rome, 25-27 February 2025
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Environment > Countries to Resume Crucial Biodiversity Discussions In Rome, 25-27 February 2025
Environment

Countries to Resume Crucial Biodiversity Discussions In Rome, 25-27 February 2025

Last updated: 2024/12/01 at 8:20 PM
9 months ago
Share
05 March 2021, Rome, Italy - Photos of the FAO and the UN flags.
SHARE

The UN Biodiversity Conference, suspended earlier this year in Cali, Colombia, will reconvene from 25-27 February, 2025 in Rome, Italy, at the headquarters of the Food and Agriculture Organization of the United Nations (FAO).

The bureau of the Conference of the Parties to the Convention on Biological Diversity today agreed to hold resumed sessions for COP 16 and the concurrent meetings of the Protocols to address agenda items left unresolved following the suspension of the meeting due to loss of quorum in the early hours of 2 November.

“In the weeks to come, and during our meeting in Rome this February, I will work alongside Parties to build the trust and consensus needed to achieve Peace with Nature, ensuring that the goals and targets of the Kunming-Montreal Global Biodiversity Framework (KMGBF) translate into tangible action. Securing adequate and predictable financing will be central to our efforts, enabling transformative change for biodiversity while ensuring benefits for communities and ecosystems alike.” said H.E. Susana Muhamad, Minister of Environment and Sustainable Development of Colombia and President of COP16.

- Advertisement -
Ad imageAd image

“Strong results achieved at COP 16, underpinned by a spirit of compromise and dialogue, show that multilateralism remains effective even in challenging times,” said Astrid Schomaker, Executive Secretary of the Convention on Biological Diversity. “Today’s swift agreement to conclude our discussions in early 2025 reflects the determination to maintain momentum and ensure the successful implementation of the KMGBF.”

Key Issues for the Resumed Discussions (hyperlinks are to the relevant document)

Mobilizing Financial Resources for Biodiversity

A major focus of the resumed session: a new Resource Mobilization Strategy aimed at securing $200 billion annually by 2030 from all sources for biodiversity initiatives and reducing harmful incentives by at least $500 billion per year by 2030.

Parties will also explore the potential establishment of a global financing instrument for biodiversity, designed to mobilize and distribute funding effectively. Current funding comes from bilateral arrangements, private and philanthropic sources, and dedicated funds such as the Global Environment Facility (GEF) including its Global Biodiversity Framework Fund (GBFF) and the Kunming Biodiversity Fund (KBF).

Monitoring Framework

Finalizing tools for Parties to measure progress against the monitoring framework for the KMGBF’s 23 targets.

Planning, Monitoring, Reporting, and Review (PMRR) MechanismDecisions will determine how progress toward KMGBF implementation will be reviewed at COP 17. Parties will also consider incorporating commitments from non-state actors, including youth, women, indigenous peoples, local communities, civil society, and the private sector. Also on the agenda: Finalizing the national reporting template, which includes headline indicators.

Financial Mechanism

Parties are expected to endorse the achievements of the GEF, encourage further contributions to the GBFF, and provide additional guidance to the GEF in light of its upcoming replenishment negotiations.

Other agenda items include decisions on cooperation with other conventions and international organizations, CBD’s multi-year programme of work, and the adoption of final reports from COP 16, COPMOP 11 (Cartagena Protocol), and COPMOP 5 (Nagoya Protocol).

Historical Results in Cali, Colombia

Before COP 16 was suspended due to lack of quorum, the conference achieved groundbreaking agreements on global biodiversity protections and implementation of the Kunming-Montreal Global Biodiversity Framework. Governments agreed to establish the pioneering “Cali Fund,” for industries such as pharmaceuticals, biotechnology, and agriculture—those benefiting from Digital Sequence Information (DSI) on genetic resources—to share benefits with developing countries, indigenous peoples, and local communities.

Under the guidelines, large companies and other entities commercially benefiting from DSI are expected to contribute to the Fund based on a percentage of profits or revenues. Smaller entities, academic institutions, and public research bodies that use DSI for non-commercial purposes are exempt.

The fund’s resources will largely benefit developing countries, supporting the implementation of the KMGBF and National Biodiversity Strategies and Action Plans (NBSAPs). Additionally, funds will bolster indigenous peoples’ and local communities’ activities.

COP 16 also endorsed measures to enhance the contributions of indigenous peoples and local communities to the three objectives of the Convention and KMGBF implementation. Through a new programme of work under Article 8(j), their rights, contributions, and traditional knowledge have been further integrated into the global agenda.

A new Permanent Subsidiary Body on Article 8(j) and other provisions was established, with its operational framework to be finalized over the next two years. This body will elevate the role of indigenous peoples and local communities in implementing the Convention.  Parties also adopted a new programme of work on Article 8(j) and other provisions of the Convention on Biological Diversity related to indigenous peoples and local communities.

In another key decision, Parties recognized the contributions of people of African descent, particularly those maintaining traditional lifestyles, in conserving and sustainably using biodiversity.

Other significant agreements from COP 16 included decisions on health and biodiversity, invasive alien species, risk assessment of genetically modified organisms (e.g., mosquitoes), and guidance on ecologically and biologically significant marine areas beyond national jurisdictions.

COP 16 was the largest meeting ever under the CBD, with over 23,000 registered participants participating in hundreds of parallel events in the Blue and Green Zones over the two week period including summits on Nature and Culture, Cities and Subnational Authorities, Business and Finance.  Thematic days were held at the KMGBF Pavilion in the Blue Zone on Education, Oceans, Health, Trade, Restoration, Protected Areas, and others.  The GBFF received 163 million USD in additional pledges, the Bezos Earth Fund and the Blue Nature Alliance devoted over 50 million USD for Ocean protection, and the European Union devoted close to 190 million USD in pledges and commitments. 

You Might Also Like

CAPPA Faults Lagos PPP Water Plans, Maintains Stand Against Water Privatisation

Residents Of Festac Town Hail Amuwo – Odofin LG Boss For Clearing Shanties And Miscreants

UNIDO Partners Abuja For Japan-funded Pilot Plastic Recycling Plant

UN COP30: Accommodation Crisis Looms As Brazil’s Hotels Hike Room Rates

UN Officials, Waste Workers In Danger, Exposed To Toxic Plastic Chemicals

TAGGED: Convention on Biological Diversity, FAO
INadminNG December 1, 2024 December 1, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Onikan Stadium To Host Prince Kazeem Eletu Queens Open Trials
Next Article Lagos Supremacy Cup: Organisers Thank Media, Other Football Stakeholders For Successful Final
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?