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
    4 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
    4 months ago
    UN
    North Africa: Green Climate Fund Approves Record $300m For FAO-designed Projects In Papua New Guinea, Saint Lucia, The Sahel
    4 months ago
    UNICEF
    How Wars Across Middle East, North Africa Affecting Children – UNICEF
    4 months ago
    UNDP
    UN Development Programme Welcomes Historic Deal On Sustainable Development Even Amidst Global Turmoil
    4 months ago
  • Africa
    Africa
    Show More
    Top News
    African Union Member States Pledge To Improve Nutrition And Food Security In Africa
    3 years ago
    Climate Change: How Women Weather The Storm In Sudan
    3 years ago
    New Visa Requirement For Namibian Nationals Visiting the United Kingdom
    2 years ago
    Latest News
     South Africa’s Think 20: Experts Address How Africa Can Bridge Digital Divide And Achieving Financial Inclusion
    1 month ago
    U.S. Africa Command Commander Visits West Africa, Underscores Partnership In Addressing Evolving Terrorism Threat
    1 month ago
    West Africa Regional Preparatory Workshop For COP30 On Climate Change Opens In Dakar
    1 month ago
    Systemic Racism Against Africans And People Of African Descent In Criminal Justice Systems Is Pervasive
    1 month ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Peter Obi’s Big Win In Lagos Set Social Media On ‘Fire’
    3 years ago
    Tayo Ayinde, A Leading Choice For Nigerian President-Elect’s Chief Of Staff
    3 years ago
    15th BRICS Summit
    Timi Frank Blasts Shettima For Gloating Over Predetermined Tribunal Judgement
    2 years ago
    Latest News
    Rep Adefiranye Speaks On NASS After Receiving Award For Outstanding Constituency Projects
    3 days ago
    Ex-Pres. Jonathan’s Senior Special Assistant, Dr. Dudafa Dumps PDP For APC
    2 weeks ago
    Senate President Akpabio Engages Young Progressives in Mentorship Conversation at the Youth House
    3 weeks ago
    Minister of Women Affairs Visits APC Youth House To Mark International Day Of Girl Child
    4 weeks ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    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
    Latest News
    Young Professionals Laud President Tinubu’s Socio-Economic Reforms
    2 days ago
    All Eyes On Nigeria, As Lagos Set To Host Groundbreaking Giving Tuesday Festival On 2 December
    1 week ago
    Alleged N532m Debt: Court Orders Bank To Takes Over Abudu Family’s Firm
    1 week ago
    Popoola-Taiwo Legal Practitioners, Shipper’s Council Resolve 3-years Dispute Between Logistics Firms Via ADR
    2 weeks 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
    GOtv Stream vs. Traditional TV: Why Viewers Are Loving the Flexibility
    1 month ago
    Securing Africa’s Digital Future: Entertainment in Safe Hands
    1 month ago
    BBNaija S10: Joanna, Mide, and Isabella Clash as Denari and Tracy Exit the House
    2 months ago
    Akamai Adaptive Media Player 2: Bitmovin And Akamai Set New Streaming Standard
    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
    LENT 2023: Nigerians Knocking On Heaven’s Door By Bishop Emmanuel Badejo
    3 years ago
    Happiness
    Eight Ways To Stay Happier In 2025, According To Science
    10 months ago
    Latest News
    Faith On The Move: Legion of Mary Lights Up Owerri With Inspiring October Devotion Procession
    1 week ago
    The Day Mourners Rebelled in Church By Babafemi Ojudu
    3 weeks ago
    Ambassador Raffy Bello Greets Imperial Majesty, Ooni Enitan-Ogunwusi, As Olojo Festival Begins In Ile-Ife
    1 month ago
    Preserving African Culture: Polaris Bank , Chivita, And Danone Support CIKDAS’ Youth Literary Initiative
    2 months ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Financial Action Task Force Removes Nigeria From Grey List
    1 week ago
    Unity Bank Shareholders Approve Merger With Providus Bank
    1 month ago
    Yomi Joseph Digital Pr Launches 360° Marketing Solutions To Transform Brands Into Industry Leaders
    1 month ago
    Gov Abiodun Showcases Ogun Investment Opportunities At AfCFTA In Algeria
    2 months ago
    Intra-African Trade Fair
    Nigeria To Host Intra-African Trade Fair In 2027
    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
    3 years ago
    US Govt Must Heed Lessons Of PEPFAR – AIDS Society Warns
    2 years ago
    Latest News
    Nigerian Academy Of Pharmacy Inducts 14 New Fellows
    2 weeks ago
    2025 World Pharmacist Day: Lagos Takes Healthcare To Ikorodu Communities
    1 month ago
    World Heart Day: Adopt Healthy Food Policies, CAPPA Tasks FG, States
    1 month ago
    Lagos Takes Fight Against HIV To Communities
    1 month ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Table Set for October’s UN Summit on Achieving Vital Targets, Goals of Global Biodiversity Plan
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 > Table Set for October’s UN Summit on Achieving Vital Targets, Goals of Global Biodiversity Plan
International

Table Set for October’s UN Summit on Achieving Vital Targets, Goals of Global Biodiversity Plan

Last updated: 2024/07/13 at 6:06 PM
1 year ago
Share
COP 16
SHARE

BY ASELEBE SADIK ADEWUYI

Addressing finance, high-tech biology, Indigenous Peoples’ engagement and more, negotiators have set the table for talks at the upcoming UN Biodiversity Conference (COP 16, Cali, Colombia, Oct. 21-Nov. 1). 

The UN Convention on Biological Diversity’s Subsidiary Body on Implementation (SBI 4) concluded its 9-day meeting on 29 May 2024, announcing progress on several fronts in worldwide efforts to achieve the ambitious targets for 2030 and goals agreed to in the Kunming-Montreal Global Biodiversity Framework (The Biodiversity Plan) in December 2022.

Actions to “Invest and Collaborate for Nature” – achieve Goal D of the Plan – were central to the SBI’s discussions, with recommendations forwarded to COP 16 on resource mobilization and technical and scientific cooperation.

- Advertisement -
Ad imageAd image

The financial ambitions set out in the Plan include investing US$ 200 billion a year from all sources, and reforming US$ 500 billion in harmful subsidies. 

At SBI, governments considered parameters for their own national biodiversity finance plans, the role of multilateral development banks, existing UN initiatives, and private finance.

Discussions were also held on the workings of a possible Global Biodiversity Fund, including the role of the Global Environment Facility.

Technical and scientific cooperation to support the implementation of the Convention and its Protocols, and the Biodiversity Plan were also considered, and a draft decision for adoption at COP16 was agreed upon.

The Bureau of the Conference of the Parties selected 18 regional organizations worldwide to foster and facilitate technical and scientific cooperation as countries harness science, technology and innovation to help halt and reverse biodiversity loss by 2030.

These subregional support centres will also promote technology transfer among countries, including through joint research programmes and joint technology development ventures, acting as “one-stop service centres” offering wide-ranging resources to help meet Biodiversity Plan targets.  The centres are expected to help expand, scale up and accelerate efforts such as the existing Bio-Bridge initiative.

Implementation of the Biodiversity Plan at national levels is to be shaped by National Biodiversity Strategies and Action Plans that translate The Plan’s 23 action targets into national priorities.  In Nairobi, governments agreed this exercise is to be completed by COP 16 or submit aligned national targets.

The meeting also looked at the ways that the contributions of stakeholders such as indigenous peoples and local communities, women, youth, business and civil society, can also be tracked and included. 

Said Chirra Achalendar Reddy, chair of SBI 4: “I thank the Parties for their commitment to the implementation of the Convention as demonstrated by their engagement during the negotiations this week.  While we have many issues to resolve at COP 16, the foundation is laid for our discussions in Cali, Colombia, later this year.”

“Part of the ambition of the Biodiversity Plan lies in the calls for resource mobilization and technical and scientific cooperation” said David Cooper, Acting Executive Secretary of the Convention.  “While many issues need to be resolved at COP 16, the engagement of Parties and stakeholders on all these issues is encouraging.”

“The approval of the subregional technical support centres is a great step towards ensuring that developing countries get the support they need to achieve this ambitious Biodiversity Plan.”

SBI 4 also dealt with the effectiveness of the procedures of the Convention and its Protocols, Communication, Education and Public Awareness, cooperation with other conventions and international organizations, and the assessment, and review of the effectiveness of the Nagoya Protocol on access to genetic resources and the fair and equitable sharing of benefits derived from them.

SBI 4 (21–29 May) built on the constructive momentum generated by the 26th Meeting of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA 26, 13–18 May).

Opened for signature in 1992 at the Earth Summit in Rio de Janeiro, and entering into force in December 1993, the CBD is an international treaty for the conservation of biodiversity, the sustainable use of the components of biodiversity and the equitable sharing of the benefits derived from the use of genetic resources.

With 196 Parties, the CBD has near universal participation among countries. The CBD seeks to address all threats to biodiversity and ecosystem services, including threats from climate change, through scientific assessments, the development of tools, incentives and processes, the transfer of technologies and good practices and the full and active involvement of relevant stakeholders including indigenous peoples and local communities, youth, women, NGOs, sub-national actors, and the business community.

The Nagoya Protocol entered into force on 12 October 2014. It provides a transparent legal framework for the effective implementation of one of the three objectives of the CBD: the fair and equitable sharing of benefits arising from the utilization of genetic resources. The Nagoya Protocol also covers traditional knowledge (TK) of genetic resources. More information on the Nagoya Protocol and traditional knowledge can be found on the Traditional Knowledge Programme of Work webpage. 

The Cartagena Protocol entered into force on 11 September 2003. is an international agreement which aims to ensure the safe handling, transport and use of living-modified organisms (LMOs) resulting from modern biotechnology that may have

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: COP16: UN Biodiversity Conference
INadminNG July 13, 2024 July 13, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Ileya Cup: Sunshine Zoom Into Final As Future Stars, Ologbonla Battle In S/Final
Next Article Badagry Divisional Football League Organisers Ready To Hold Draws For Badagry Divisional League June 4
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?