New global biodiversity fund to restore nature worldwide by 2030 officially launches

Wed, 11 Oct 2023 12:42:04 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://news.mongabay.com/2023/08/new-global-biodiversity-fund-to-restore-nature-worldwide-by-2030-officially-launches/>

"Yesterday, representatives of 185 countries officially agreed to launch a new
fund to ramp up investment in meeting major global biodiversity goals.

The new Global Biodiversity Framework Fund (GBFF) was ratified at the Global
Environmental Facility’s (GEF) seventh assembly in Vancouver, Canada, with
wildfires in British Columbia as a backdrop. This comes after global delegates
at the U.N. biodiversity conference (COP15) committed last December in Montreal
to meet a set of goals inked into a Global Biodiversity Framework. This
framework is designed to help halt and reverse biodiversity loss and put nature
on a path to recovery by 2030.

The fund will mobilize and accelerate investment from governments,
philanthropy, and the private sector to support nations in the conservation and
sustainability of wild species and ecosystems whose health is threatened by
wildfires, flooding, extreme weather, and human activity, including
unsustainable industrial agriculture, consumption and production pressures, and
urban sprawl.

According to an in-depth assessment by the Intergovernmental Science-Policy
Platform on Biodiversity and Ecosystem Services, or IPBES, in 2019, one million
species of plants and animals face extinction.

“The creation of this biodiversity fund is a game-changer for countries’
ability to protect, restore, and ensure the sustainable use of nature,” said
Carlos Manuel Rodríguez, GEF CEO and chairperson, in a meeting last month."

Via Future Crunch:
<https://futurecrunch.com/good-news-poverty-bangladesh-conservation-ecuador-indigenous-fire-australia/>

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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