China, president of COP15, proposes to reach at least $20 billion in annual international aid for biodiversity by 2025, and $30 billion by 2030, according to the draft agreement it presented Sunday in Montreal.
The developing countries demanded an increase to 100 billion dollars a year in the aid paid by the rich countries for the protection of nature, currently estimated at between 7 and 10 billion euros.
The objective of protecting 30% of the planet’s land and seas by 2030, announced as the key point of the UN negotiations on biodiversity, is included in the draft agreement, presented on Sunday by China, president Summit.
This objective, the best known of the twenty measures to be taken to stop the destruction of nature by the end of the decade, has been presented as the equivalent for biodiversity of the Paris objective to limit global warming. at 1.5°C. To date, 17% of the land and 8% of the seas are protected.
The final draft comes after nearly two weeks of negotiations between 196 nations that are part of the UN’s biodiversity convention seeking a new deal to stop human destruction of nature and begin restoring what has already been lost.
The United Nations says that three-quarters of the world’s land has been altered by human activities and that one million species are at risk of becoming extinct this century.
Nations have yet to agree on the final wording of the text, which will be released at 8 a.m. local time, when most regional groups begin their morning meetings.
A closed session with environment ministers or their designated negotiators will take place at noon, where Huang will seek approval for what he hopes will become the final text.
As the final hours of talks approached, a sort of contest of strength had erupted between developed and developing countries over whether a new dedicated biodiversity fund was the best way to channel new finance. for preservation.
With The Canadian Press