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
    Africa Leaders Summit: US To Strengthening Partnerships To Meet Shared Priorities
    3 years ago
    President Ruto Rallies Kenyans To Move Nation Forward
    3 years ago
    Tanzania: United Nations Steps Up Efforts To Build Climate Resilience
    2 years ago
    Latest News
    Ghana President Mahama Calms Nigerians’ Fears: No Mass Deportations
    2 weeks ago
    At Gender Statistics Forum, African Leaders Urge Renewed Commitment To Quality Gender Data
    1 month 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
    Tinubu’s Ambition Suffers Setback, As Coalition Of APC Groups Shift Support To Atiku/Okowa Presidency 2023
    2 years ago
    PAN Chief Congratulates Akwa Ibom Governor-Elect, Says He’s Inspiration To Persons Living With Albinism 
    2 years ago
    Rejected Nominees: Lagos Assembly Action Was In Order, Obasa Declares
    2 years ago
    Latest News
    NSC Chairman To Engage With Youth And Sports Stakeholders At The Nest Centre
    10 hours ago
    Edo District Bye-election: SDP Candidate, Hon. Isidahomhen Promises To Pursue Best Interest Of Esanland 
    1 week 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
    4 weeks 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
    Chief Of Army Staff Honours Musa Kida On His Contributions To Growth Of Nigeria Basketball
    4 days ago
    Nigerian Youth Urged To Lead Innovation For SDGs Success By 2030
    6 days ago
    Archbishop Lucius Ugorji Hails Knight Of St. Mulumba Over Multi-Million Naira Modernized Water Factory Project
    6 days ago
    Ikukuoma’s Foundation Brings Free Medical To Centre Stage At Heartland 2025
    2 weeks ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Keep Up With Gripping Story Of ‘The Rishantes’ Showing On GOtv 
    3 years ago
    DStv Media Sales – MIPAN Conference Explores Role Of Video Content In Building Brand Loyalty
    2 years ago
    Sporting Lagos Beat Remo Stars To Emerge Naija Super 8 Champions
    2 years ago
    Latest News
    Lagos Govt Reiterates Commitment To Nollywood Growth
    1 day ago
    Unlock More for Less as Big Brother Naija Season 10 Beckons
    4 weeks ago
    Purp vs Raymu: Who Will Be Crowned The Next Nigerian Idol?
    1 month ago
    Local Content Powers African Dreams
    2 months ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    NCC, NICO To Leverage Telecom Channels To Promote Nigerian Cultural Heritage
    1 year ago
    Glame Attires Steals The Show At Warri Fashion Lifestyle Festival
    2 years ago
    2nd International Conference for Event Ushers Holds In Ibadan
    6 months ago
    Latest News
    Nigerian Minister Presents UNESCO Certificate To Alaafin Of Oyo At Sango World Festival
    1 day ago
    Lagos Govt Reiterates Commitment To Nollywood Growth
    1 day ago
    Noble Call to Service: Inside the Induction of 104 New Knights of St. Mulumba
    2 months ago
    Joining The Knighthood Brings You Closer To God -Sir Eva Njemanze
    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
    3 days ago
    Opay In Trouble, Caught In Alleged Fraud Allegations And Legal Controversies Between January To July 2025
    2 weeks ago
    Petralon's Nigerian Drilling Campaign to Boost Offshore Oil Output
    Petralon’s Nigerian Drilling Campaign To Boost Offshore Oil Output
    1 month ago
    Year 2025
    How Nigeria Can Unleash Its Economic Potential – IMF
    1 month ago
    GTCO Plc Becomes 1st West Africa’s Financial Services Institution To Achieve Listing And Trading Of Its Ordinary Shares On London Stock Exchange
    1 month ago
  • Health
    Health
    Show More
    Top News
    NCDC Activates Lassa Fever Emergency Operations Centre In Nigeria
    3 years ago
    UNAIDS: Fully Financing HIV Response In Africa Will Save Millions Of Lives
    2 years ago
    How To Avoid Urinary Tract Infections During Sex
    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
    2 weeks ago
    AIDS Society Welcomes US Bipartisan Move To Protect PEPFAR
    4 weeks 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: Parties To Convention on Biological Diversity Seek Progress In Implementation Ahead Of COP 16
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 > International > Parties To Convention on Biological Diversity Seek Progress In Implementation Ahead Of COP 16
International

Parties To Convention on Biological Diversity Seek Progress In Implementation Ahead Of COP 16

Last updated: 2024/05/21 at 11:57 AM
1 year ago
Share
SHARE

Delegates of the 196 Parties to the Convention on Biological Diversity (CBD) and observer organizations start today a nine-day meeting to review and explore opportunities to advance the implementation of the Kunming-Montreal Global Biodiversity Framework (KMGBF) for the first time since its adoption by the world community at COP 15.

The fourth meeting of the Subsidiary Body on Implementation (SBI 4) of the CBD, which is taking place from 21-29 May at the United Nations Office in Nairobi, will see a decisive round of negotiations to strengthen the implementation of the KMGBF.

Branded as “The Biodiversity Plan” to encourage its uptake by the public at large, the KMGBF is the world’s masterplan to halt and reverse biodiversity loss by 2030. It encompasses 23 action targets and four overarching goals that, if implemented, will take the world closer to living in harmony with nature.

Chirra Achalender Reddy of India, Chair of SBI, said: “Delegates will come together at SBI 4 in Nairobi to further develop mechanisms to support the implementation of the Biodiversity Plan, through finance, capacity building and cooperation among countries and organizations, and to monitor and review progress in implementation.” 

- Advertisement -
Ad imageAd image

Participants in SBI 4 will review progress in the alignment of the National Biodiversity Strategies and Actions Plans (NBSAPs)—key planning tools used by the Parties as part of their obligations under the CBD—with the 23 action targets of the Biodiversity Plan. Representatives of indigenous peoples and local communities, youth and women groups as well as other stakeholders will also take part.

“The challenge is to ensure that the global aims of the Biodiversity Plan are translated into nationally relevant targets that consider the context and the biophysical realities of each country. There is no one-size-fits-all approach. Getting this right is crucial to the success of this global endeavor for people and nature,” said David Cooper, Acting Executive Secretary of the CBD.

In addition to agreeing on the yardsticks against which progress will be measured, the Parties will negotiate important elements of the means of implementation: resource mobilization, capacity-building and technical and scientific cooperation. They will also pursue adequate ways to consider and leverage the mosaic of national contexts and the spectrum of capacities for the full implementation of the Biodiversity Plan.

The Advisory Committee on Resource Mobilization, established by the Parties, is working on strategies and recommendations on how to progressively close the biodiversity finance gap of $ 700 billion US per year (Goal D of the Biodiversity Plan). The work of the Committee will be discussed at SBI 4, including how all countries can develop and implement national biodiversity finance plans or similar instruments, in accordance with national priorities, capacities and circumstances.

Developed country Parties are expected to provide new, additional and adequate financial resources to developing country Parties. The agenda item on finance will receive heightened attention as the deadline to mobilize US$ 20 billion per year by 2025 through international financial flows approaches. The Parties will consider a range of options for advancing biodiversity finance in line with Articles 20 and 21 of the CBD. That could include a new dedicated fund as well as bolstering existing mechanisms, including the Global Environmental Facility (GEF).

Resources mobilized through GEF for biodiversity in the latest replenishment (GEF-8) are the largest yet. The newly launched GEF Global Biodiversity Framework Fund has recently approved the first set of project preparation grants. The outcomes of SBI4, particularly those pertaining to the assessment of funding needs and related guidance, will feed into the negotiations on the next replenishment (GEF-9) by the Facility’s member countries.

Other items on the SBI 4 agenda pertain to Communication, Education and Public Awareness (CEPA), cooperation with other conventions and international organizations and the assessment and review of the effectiveness of the Nagoya Protocol, which concerns access to genetic resources and the fair and equitable sharing of benefits arising from their utilization.

The negotiations will build on the constructive momentum of environmental multilateralism that the 26th Meeting of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA 26), which closed 48 hours before SBI went underway, has generated. 

As a subsidiary body, SBI advises the Conference of the Parties, the supreme governing body of the CBD, which will hold its 16th meeting from 21 October – 1 November 2024 in Cali, Colombia. The outcomes of SBI 4 will be instrumental in achieving progress towards fulfilling the promise of the Biodiversity Plan and the 2050 vision for biodiversity adopted under the CBD.

You Might Also Like

4th International Conference On Financing For Development Delivers Renewed Hope And Action For Sustainable Development

AfDB, UN-Habitat Scale Up Drive For Sustainable Urbanisation In Africa

North Africa: Green Climate Fund Approves Record $300m For FAO-designed Projects In Papua New Guinea, Saint Lucia, The Sahel

How Wars Across Middle East, North Africa Affecting Children – UNICEF

UN Development Programme Welcomes Historic Deal On Sustainable Development Even Amidst Global Turmoil

TAGGED: Parties To Convention on Biological Diversity Seek Progress In Implementation Ahead Of COP 16
INadminNG May 21, 2024 May 21, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Breaking: Lagos Speaker Loses Father
Next Article President Federation Cup President Federation Cup: Big Teams Face Knockout As Round of 32 Matches Hold
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?