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Climate & Biodiversity Governance | EU Engagement | Partnerships #IamEuropean 🇪🇺🇳🇱

At #COP16, financing the implementation of the Kunming – Montreal Global Biodiversity Framework is at the heart of negotiations. Subsidies that harm biodiversity are also being discussed. *Every year governments spend US$470 billion on agricultural subsidies that harm biodiversity and nature.* This staggering number comes from a thoroughly researched recent WWF report. It advocates for a *Repurposing Agenda* and to use these subsidies to enhance sustainable food systems. When governments adopted the Kunming Montreal Global Biodiversity Framework in December 2022, they also agreed to Target 18. Part of this target is an assignment to governments to have identified these harmful subsidies by 2025. This is next year. The WWF report provides a clear Repurposing Agenda based on proven practices. Definitely worth reading: https://lnkd.in/eXNBRQXB

Turning harm into opportunity: Repurposing agricultural subsidies that destroy forests and non-

Turning harm into opportunity: Repurposing agricultural subsidies that destroy forests and non-

wwf.panda.org

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