COP16 Colombia: A Pivotal Moment for Global Biodiversity This year’s UN Biodiversity Conference (COP16) in Cali, Colombia, has brought urgent attention to the accelerating crisis of biodiversity loss. Why It Matters: Biodiversity loss isn’t just an environmental issue; it’s an economic one. Over 55% of the global GDP, worth around $58 trillion, depends on nature. Yet, wildlife populations have declined by a shocking 73% over the last 50 years, with some regions like Latin America seeing a 95% decrease. This depletion threatens both ecosystems and economies worldwide. Key Outcomes from COP16: 🌍 Indigenous Leadership: A permanent body for Indigenous consultations was established, emphasizing the vital role of traditional knowledge in conservation efforts. 💸 Financial Commitments: A new biodiversity fund was created, directing half of its revenue to Indigenous communities to support conservation. 🤝 Corporate Pledges: Businesses are being called to develop nature-positive strategies, with companies like Kering and GSK setting science-based targets to combat biodiversity loss. The Path Forward: The private sector's involvement is crucial. Companies must move from commitments to concrete action plans, prioritizing regenerative practices, supply chain transparency, and innovative, biodiversity-friendly products. The financial sector is also stepping up, assessing the impact of their portfolios on nature and integrating nature-related risks into investment decisions. 🌿 The Bottom Line: Protecting biodiversity isn’t just about preserving nature—it’s about ensuring long-term economic stability and resilience. #COP16 #Biodiversity #Sustainability #CorporateResponsibility #NaturePositive
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🌍 Reflecting on COP16 in Cali: Progress and Challenges in Biodiversity Conservation 🌱 The 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD) recently concluded in Cali, Colombia, bringing important strides but also underscoring areas where we need to do more. Here are the highlights: 1️⃣ Indigenous Peoples’ Advisory Body: COP16 saw the creation of a subsidiary body that integrates Indigenous perspectives into biodiversity decisions. This will ensure that traditional knowledge is recognised and valued in conservation efforts. 2️⃣ Benefit-Sharing from Genetic Resources: Agreements were reached for corporations to share financial benefits from natural genetic resources, with a 0.1% fee on revenues directed to a new fund—half of which supports Indigenous communities directly. 3️⃣ Recognition of People of African Descent: For the first time, the contributions of African-descended communities in biodiversity were acknowledged, emphasizing inclusive and diverse conservation efforts. Despite these achievements, COP16 highlighted a critical gap: new financial pledges amounted to $163 million, far below what’s needed to effectively tackle global biodiversity loss. 🌍 This shortfall raises concerns about meeting the ambitious goals of the Kunming-Montreal Global Biodiversity Framework, including protecting 30% of the planet and restoring ecosystems by 2030. As we reflect on COP16, it’s clear that inclusiveness, transparency, and more robust financing will be essential to preserve biodiversity for future generations. 🌱 #Biodiversity #COP16 #SustainableDevelopment #IndigenousRights #EnvironmentalJustice #Conservation
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My take on COP16: more challenges remain than progress made. Unfortunately, humanity is finding it difficult to translate easily identifiable long-term negative impacts into short-term positive actions. The writing is on the wall. #Biodiversity #COP16 #SustainableDevelopment #IndigenousRights #EnvironmentalJustice #Conservation Michel Ackermann Nicolas Ackermann Jürgen Ackermann Philippe GISQUET Alain Retiere Oliver Herrmann Markus Neteler Xenia Paulsen
🌍 Reflecting on COP16 in Cali: Progress and Challenges in Biodiversity Conservation 🌱 The 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD) recently concluded in Cali, Colombia, bringing important strides but also underscoring areas where we need to do more. Here are the highlights: 1️⃣ Indigenous Peoples’ Advisory Body: COP16 saw the creation of a subsidiary body that integrates Indigenous perspectives into biodiversity decisions. This will ensure that traditional knowledge is recognised and valued in conservation efforts. 2️⃣ Benefit-Sharing from Genetic Resources: Agreements were reached for corporations to share financial benefits from natural genetic resources, with a 0.1% fee on revenues directed to a new fund—half of which supports Indigenous communities directly. 3️⃣ Recognition of People of African Descent: For the first time, the contributions of African-descended communities in biodiversity were acknowledged, emphasizing inclusive and diverse conservation efforts. Despite these achievements, COP16 highlighted a critical gap: new financial pledges amounted to $163 million, far below what’s needed to effectively tackle global biodiversity loss. 🌍 This shortfall raises concerns about meeting the ambitious goals of the Kunming-Montreal Global Biodiversity Framework, including protecting 30% of the planet and restoring ecosystems by 2030. As we reflect on COP16, it’s clear that inclusiveness, transparency, and more robust financing will be essential to preserve biodiversity for future generations. 🌱 #Biodiversity #COP16 #SustainableDevelopment #IndigenousRights #EnvironmentalJustice #Conservation
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The UN Biodiversity Summit (#COP16) is currently unfolding in Cali, #Colombia 🇨🇴, with nearly 200 countries working to advance the Kunming-Montreal Global #Biodiversity Framework. Delegates are focused on crucial next steps, including setting actionable national plans, establishing a monitoring framework, and securing the $200 billion annually needed to drive real change. Unfortunately, we were not able to attend ourselves, but we’re fortunate to follow the conversations closely, guided by our network experts Helena Wasserman, Joshua Berger, and many others who are actively driving the conversations on biodiversity impact and conservation! Key Insights they’ve shared: 1️⃣ From Goals to Action: Helena emphasizes the importance of nations translating COP15 pledges into concrete biodiversity strategies. 2️⃣ Funding Needs: Joshua highlights the $200 billion annual funding required and the challenges of mobilizing sustainable financing. 3️⃣ Indigenous Leadership: Both experts stress the role of Indigenous communities in safeguarding biodiversity and the need for their voices in policy-making. ➡️ For more insights, check out Helena’s latest post: https://lnkd.in/eh_EmgjP and Joshua’s Nature Intelligence newsletter: https://lnkd.in/egn5TY9b 🌱 Camille Accolas Thomas Gmeiner Ben O'Sullivan Elijah Kilzer Gioia Lelli
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Countdown to #cop16 With 8 months to go before the next Biodiversity COP in Colombia #cop16 we are providing a run down on four of the interesting developments in the field of #biodiversity and #nature so far in 2024. Our list is by no means exhaustive so please feel free to add yours in the comments section below. 1. To start with this week has seen the launch of Biodiversity Net Gain legislation in the UK. In a nutshell the goal of #bng is to ensure that habitats for wildlife are left in a measurably better state than they were before development. This means that those undertaking large developments in England are legally required to increase biodiversity by 10%. The legislation supports the delivery of the government’s commitment to halt species loss by 2030. For more information see https://lnkd.in/egPGmYFj 2. The first ever report on the "State of the World’s Migratory Species” was launched this week produced by UNEP-WCMC for the Convention on Migratory Species (CMS). The report highlights the status of migratory animals and highlights the latest information available. The headlines and links to the report are available here https://lnkd.in/etShWGPV 3. There are numerous chances for you to get involved with developments in particular by responding to consultations. Here we draw your attention to the Business for Nature consultation on #NaturePolicies, legislation and regulations needed to ensure the effective implementation of the Kunming-Montreal Global Biodiversity Framework (GBF) and to put nature at the heart of the global economy. Business for Nature want their recommendations to reflect the views of businesses and have opened an extensive list of draft policy asks for comment by the 1st of March. For more information see https://lnkd.in/euFHFkkx 4. We posted about this a few weeks ago but it deserves another mention in our current list of updates. The updated GRI biodiversity standard GRI 101: Biodiversity 2024 for more information on the Global Reporting Initiative (GRI) see https://lnkd.in/gJhgpjm We will aim to post more information about consultations, relevant reports on the way to #cop16. Photo credit Photo by Jason Ortego on Unsplash #nature #naturalcapital #BNG #biodiversity #biodiversitynetgain #NatureIsEveryonesBusiness
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Is time to act
🚨 Biodiversity crisis: 170 countries miss deadline for biodiversity plans As we approach the critical biodiversity COP16 summit in Cali, Colombia, a shocking reality emerges: over 80% of countries have failed to submit plans to meet the crucial UN agreement aimed at halting the rapid loss of our planet's ecosystems. With only 25 nations stepping up, a staggering 170 countries remain unprepared to protect our natural heritage. This lack of commitment threatens vital ecosystems. The world has never met a single target set in the history of UN biodiversity agreements, and we cannot afford to let this decade slip away without making meaningful progress. COP16 represents a pivotal moment for global leaders to turn commitments into action and prioritize the preservation of our planet's biodiversity. 🌱 We must demand accountability and ensure that nations take concrete steps to safeguard our ecosystems. 👉 Want to learn more? Click the link in the comments to read the full article! 🌿 Join our waitlist for Animal Social Club and be part of a movement dedicated to safeguarding biodiversity. Together, we will make a difference! 💚 #Biodiversity #Conservation #ActionNow #AnimalSocialClub #COP16 #Sustainability #UN #UNagreements #Biodiversityloss
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🌐COP16 - United Nations Biodiversity Conference On Monday, October 21, the COP16 United Nations Biodiversity Conference officially began in Cali, Colombia. This global event, aimed at conserving our planet’s biodiversity, is hosting 15,000 attendees, including heads of state, ministers, international journalists and CSOs. 🌱Following the Kunming-Montreal Global Biodiversity Framework (GBF), the summit aims to drive international cooperation, secure investments, and strengthen environmental policies to halt and reverse biodiversity loss by 2030. One of the key challenges in achieving this goal is to ensure that countries make meaningful progress on their national biodiversity action plans. To date, only 20% of countries have submitted their plans since the GBF was adopted two years ago. Financing also remains a challenge, with a $500 billion gap to meet the required funding for biodiversity protection. 📣At New ERA, we believe that reuse can play an essential role in preserving biodiversity by reducing resource extraction, waste, and pollution. The linear economic system we live by has shown all its shortcomings. It’s clear that preserving biodiversity requires more than conservation efforts – it calls for transforming the way we produce, consume, and reuse resources. As we follow the developments of COP16, we remain committed to advocating for reuse as part of the broader strategy to shift to a circular economy, a crucial lever to a sustainable future. #COP16 #Biodiversity #Reuse #Refill
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*COP16 Update: Significant Progress in Biodiversity Negotiations* The 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD) is currently underway in Cali, Colombia. This pivotal event brings together world leaders, policymakers, and stakeholders to address the pressing issue of biodiversity loss. *The Challenge:* The world is facing an unprecedented biodiversity crisis, with: 1. 1 million species threatened with extinction 2. 75% of the world's coral reefs damaged 3. 30% of global biodiversity lost since 1970 *COP16 Progress:* Despite the challenges, COP16 has achieved significant breakthroughs: 1. *Biodiversity Finance Agreement*: Securing funding for conservation efforts 2. *Biopiracy Prevention Draft*: Protecting indigenous knowledge and genetic resources 3. *Post-2020 Global Biodiversity Framework*: Advancements in shaping the future of biodiversity conservation *Implications for Business and Conservation:* These developments present opportunities for: 1. Sustainable investment and funding 2. Responsible innovation and biotechnology 3. Collaborative conservation efforts *Your Turn:* What insights or experiences can you share on biodiversity conservation? How can your organization contribute to COP16's objectives? Share your thoughts! #BiodiversityConservation #Sustainability #COP16 #EnvironmentalLeadership #CBD
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As biodiversity loss threatens ecosystems and supply chains, companies face increasing pressure to integrate ESG principles into their strategies. The recent COP16 in Cali, Colombia has gathered world leaders to address the urgent issues of biodiversity loss. With habitats disappearing and species nearing extinction, this conference aimed to galvanise action to protect our planet's biodiversity and ensure sustainable future for all. Let us check out what progress was made on the COP16 Colombia UN Biodiversity Conference. #ConnectingSustainabilityToStrategy #sustainablebusiness #esgstrategy #COP16 #biodiversity #transition #TNFD
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🌍 The 2024 United Nations Biodiversity Conference aka COP 16, kicks off on Monday carrying messages more urgent than ever before. 🌱It will be held in Cali, Colombia, one of the world’s biodiversity hotspots that recently brought a glimmer of hope. In July, the country reported its lowest level of deforestation in 23 years with forest loss dropping by 36% between 2022 and 2023, from 1,235 km² to 792 km². 🔥 Yet globally, the situation remains critical. COP 16 follows the release of the "Living Planet Index" report, devastating wildfires worldwide, and the announcement of the collapse of carbon sinks in 2023. The urgency is undeniable. 📋 As the first Biodiversity COP since the adoption of the Kunming-Montreal Global Biodiversity Framework (GBF) at COP15, the expectations are high. This historic agreement, signed in 2022, seeks to preserve 30% of the world's land and oceans by 2030. 🔍Governments will not only review progress but will also have to demonstrate how their Biodiversity Strategies and Action Plans (NBSAPs) align with it. 🎯 Now is the time to turn the goals into courageous action! 🌿 A major focus of the conference will be the central role of Indigenous peoples and local communities in biodiversity conservation. Recognizing and safeguarding their rights, and integrating their knowledge is crucial to achieving the GBF’s goals. We look forward to seeing concrete, actionable plans that tackle the climate crisis and help restore balance to our ecosystems. #COP16Colombia #Peacewithnature #indigenousrights #KunmingMontreal #Biodiversity
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#COP16Colombia offered an important opportunity to address biodiversity loss, and though some promising steps were taken, crucial issues were left undecided. Some of the conference's key takeaways 👇🌎 🌊 🔸 Delegates adopted a framework for ecologically or biologically significant marine areas (EBSAs). The new framework will help create, modify and conserve marine areas that are key to ocean health and use science-backed criteria to enhance protection. 🔸 The conference advanced the role of Indigenous peoples' and local communities' (IPLCs) in conservation. IPLCs manage around 40% of the world's remaining intact ecosystems and, in a landmark decision, nations agreed to establish a permanent body for IPLCs to officially consult on UN nature decisions. 🔸 #COP16 also officially acknowledged the contributions of people of African descent to biodiversity conservation, many of whom are on the frontline of the biodiversity loss and climate change. This recognises them as rights-holders and ensures their role in future negotiations. 🔸 Eleven foundations pledged $51.7 million to develop ‘high-quality’ marine protected areas in the high seas - the waters beyond national borders which include two-thirds of our oceans. This private commitment - the largest of its kind - also aims to fast-track international protection under the High Seas Treaty. 🔸 Despite the above progress, #COP16 fell short on one of its main goals: establishing a clear plan for increased biodiversity funding. Wealthier nations blocked a proposal for a new fund to support developing countries, leaving key targets unmet. 🔸 Progress on monitoring countries' biodiversity commitments was also stalled, with discussions pushed to next year - a predictable outcome, given that most nations missed the deadline to set updated biodiversity plans before COP. With #COP29 around the corner and just six years left until 2030, time is a luxury we can’t afford.
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