Home FEATURED NEWS At COP15, India pushes for brand spanking new fund to reverse biodiversity loss : The Tribune India

At COP15, India pushes for brand spanking new fund to reverse biodiversity loss : The Tribune India

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Tribune News Service

New Delhi, December 18

Calling for an pressing have to create a brand new and devoted fund to assist creating international locations implement a post-2020 world framework to halt and reverse biodiversity loss, India as soon as once more reminded the world the precept of “Common but Differentiated Responsibilities and Respective Capabilities” at COP15 in Montreal.

Addressing the stocktaking plenary on the UN Biodiversity Conference (COP15) in Canada, Environment Minister Bhupender Yadav stated targets and targets set within the Global Biodiversity Framework needs to be formidable and but reasonable and sensible.

Set reasonable targets

Goals and targets set within the Global Biodiversity Framework needs to be formidable, but reasonable and sensible. —Bhupender Yadav, Environment Minister

While stressing the significance of agriculture for creating nations, Yadav additionally informed the world that agriculture was a “paramount economic driver” for creating international locations and setting numerical world goal for pesticide discount within the agriculture sector was “unnecessary and must be left for countries to decide”.

“For rural communities in developing nations, agriculture is a paramount economic driver and the critical support provided to these sectors cannot be redirected.

“When food security is of paramount importance for developing countries, prescribing numerical targets in pesticide reductions is unnecessary and must be left to countries to decide, based on national circumstances, priorities and capabilities,” he stated.

Yadav stated biodiversity conservation requires ecosystems to be conserved and restored holistically and in an built-in method. “It is in this context that ecosystem approaches for conservation of biodiversity need to be adopted rather than nature-based solutions,” he added.

Yadav stated profitable implementation of a post-2020 world biodiversity framework would depend upon the “ways and means we put in place for an equally ambitious ‘resource mobilisation mechanism’”.

“The successful implementation of the framework will squarely depend on the ways and means we put in place for an equally ambitious Resource Mobilisation Mechanism. Hence there is a need to create a new and dedicated mechanism for the provision of financial resources to developing countries. India is committed to working closely with all parties so that we are all able to bring out an ambitious and realistic global biodiversity framework in COP15,” he stated.

As the events to the Convention on Biological Diversity (CBD) negotiate the post-2020 Global Biodiversity Framework (GBF), there have been repeated requires the inclusion of the CBDR precept in finance-related targets.

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