Global Biodiversity Framework

Why in news?

• The meeting of the Working Group on the Post-2020 Global Biodiversity Framework failed to achieve as much as was expected.
• The objective of the meeting was to reach a consensus on the text of the framework which is to be finalized at the 15th Conference of the Parties (CoP15) to the Convention on Biological Diversity (CBD).

What is the Post-2020 Global Biodiversity Framework?

• A post-2020 Global Biodiversity Framework will be adopted at the conference that will take place in Kunming, China, in August 2022.
• This will replace the earlier Aichi biodiversity targets, which countries that are party to the CBD agreed to in 2010, with a deadline of 2020.
• It is the global guiding force to protect nature and to retain its essential services for humans from 2020 to 2030.
• The new frameworks have four goals to achieve by 2050.

Four goals to achieve under the framework by 2050

• First goal:
  • To halt the extinction and decline of biodiversity.
• Second goal:
  • To enhance and retain nature’s services to humans by conserving.
• Third goal:
  • To ensure fair and equitable benefits to all from the use of genetic resources.
• Fourth goal:
  • To close the gap between available financial and other means of implementation and those necessary to achieve the 2050 Vision.

Add ons:

• The framework’s demand for more financial support to developing countries, the worst victims of biodiversity losses.
• Adequate financial resources to implement the framework are available and deployed, progressively closing the financing gap up to at least USD 700 billion per year by 2030.
• It aims to ensure the right capacity building of the communities /governments to take up conservation measures to meet the goals.
  • These include the contentious technology transfer to countries that don’t have it currently and also a wide scientific cooperation among countries.

PRACTICE QUESTION

Consider the following statements regarding ‘Global Biodiversity Framework’:

1. It is framed under Convention on Biological Diversity

2. Adoption of this framework will replace the earlier Aichi biodiversity targets

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Answer