In a collaborative effort, the Division of Environment and Conservation, of the Ministry of Natural Resources and Environment (MNRE), united with the Secretariat of the Pacific Regional Environment Programme (SPREP) to successfully conclude the initial phase of the Terrestrial Biodiversity
In good news for nature in a challenging moment, representatives of 185 countries agreed at the Global Environment Facility’s Seventh Assembly in Canada to launch an innovative new fund for biodiversity that will attract funding from governments, philanthropy, and the private sector.
In good news for nature in a challenging moment, representatives of 185 countries agreed at the Global Environment Facility’s Seventh Assembly in Canada to launch an innovative new fund for biodiversity that will attract funding from governments, philanthropy, and the private sector.
Retaining natural vegetation to safeguard biodiversity and humanity
Global efforts to deliver internationally agreed goals to reduce carbon emissions, halt biodiversity loss, and retain essential ecosystem services have been poorly integrated. These goals rely in part on preserving natural (e.g., native, largely unmodified) and semi-natural (e.g., low intensity or sustainable human use) forests, woodlands, and grasslands. To show how to unify these goals, we empirically derived spatially explicit, quantitative, area-based targets for the retention of natural and semi-natural (e.g., native) terrestrial vegetation worldwide.
Heavy reliance on private finance alone will not deliver conservation goals
The Kunming-Montreal Global Biodiversity Framework envisages an increasing reliance on large-scale private finance to fund biodiversity targets. We warn that this may pose contradictions in delivering conservation outcomes and propose a critical ongoing role for direct public funding of conservation and public oversight of private nature-related financial mechanisms.
Backed by the UN, an alliance of conservationists and policymakers is devising new ways to finance the preservation of biodiversity by placing economic values on ecosystems. Some analysts say such schemes have the potential to boost conservation, but others are skeptical.
When conservation scientist Junior Novera was growing up in Mapisi Village, on a bend of the Sinamut River in Bougainville, Papua New Guinea, he’d never heard the term conservation.
David Cooper, the new acting executive secretary for the UN convention on biological diversity (CBD), said countries and corporations must immediately act on December’s historic agreement in Montreal, which includes targets to protect 30% of Earth, reform $500bn (£410bn) of environmentally damagi
This week the UK government is holding a meeting to discuss generating more finance to conserve and restore nature.
Biodiversity credits have the potential to accelerate funding for biodiversity conservation while benefiting local communities and biodiversity custodians.