Biotech Updates

Nations Adopt Agreement to Protect Biodiversity with 2030 Goals and Targets

January 11, 2023

Photo Source: Convention on Biological Diversity

After a marathon of negotiations during the UN Biodiversity Conference (COP15), the Kunming-Montreal Global Biodiversity Framework was approved on December 19, 2022.

The landmark framework supports global biodiversity with four goals and 23 targets for 2030. It also includes a pledge to protect 30 percent of the Earth's lands, oceans, coastal areas and inland waters, to repurpose US$500 billion in annual government subsidies reserved for incentives instead of triggering harm for biodiversity goals, and to create a Special Trust Fund called Global Environment Facility which will be used to support the implementation of the framework.

“The COP15 summit was a success as a framework for the future was agreed,” said FAO Deputy Director-General Maria Helena Semedo, who headed the delegation of the Food and Agriculture Organization of the United Nations (FAO) at the summit. “Now we have measurable objectives and dedicated financial mechanisms, which is a big step forward.”

The agreement contains significant contributions from the FAO, committed to ensure that the needs and impacts of agrifood systems are given due consideration.

Read more from the FAO and the Convention on Biological Diversity.

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