“Healthy ecosystems will be so important to cushion and counter the impact of climate change” and “at this COP we have a chance to act,” added Ms. Fink-Hooijer.
Why did the floods in Spain cause so many deaths? There are 5 explanations
Spanish MEP Cesar Luena thanked the delegates “for all the demonstrations of solidarity during this summit”, while the non-definitive toll from the floods exceeded 150 deaths.
COP16, scheduled to conclude on Friday, aims to enhance the world’s timid efforts to implement a road map adopted two years ago to stop the destruction of life.
This roadmap, the Kunming-Montreal Agreement, set 23 objectives to be achieved by 2030 to resolve the nature crisis, threatened by deforestation, overexploitation, climate change, etc.
The agreement plans to increase global annual spending on nature to $200 billion by 2030. Of this amount, developed countries have committed to increasing their annual aid to $30 billion by this date (compared to around $15 billion in 2022, according to the OECD).
But how to mobilize this money and distribute it is the hard point of the summit, organized in a lush valley in the Andes, close to the territories of the Colombian guerrillas.
No major decision has been adopted and the discretion of the Colombian presidency, responsible for drawing up compromises, arouses concern or resignation among several participants interviewed by AFP.
Developing countries are calling for the creation of a new fund, under the authority of the Biodiversity COP, which in their eyes is more respectful of their rights than current multilateral funds, such as the Global Environment Facility (GEF), which are considered difficult. access and inequitable.
On the other hand, rich countries, in particular the European Union in the absence of the United States, which is not a signatory to the Convention, consider the multiplication of multilateral funds which fragment international financial aid without providing new money to be counterproductive. , to be found, according to them, in the private sector and in emerging countries.
