GLOBAlink | Landmark deal sets world on path of reversing biodiversity loss-Xinhua

GLOBAlink | Landmark deal sets world on path of reversing biodiversity loss

Source: Xinhua

Editor: huaxia

2022-12-20 19:35:02


   MONTREAL, Dec. 20 (Xinhua) -- A wave of cheers and applause erupted when Huang Runqiu, COP15 president and China's minister of ecology and environment, struck his gavel on a historic UN deal aimed at reversing biodiversity loss.

   Stakeholders have agreed on key issues, including goals and targets, resource mobilization and Digital Sequence Information, or DSI, under the framework.

   The deal includes four goals and 23 targets for achievement by 2030.

   In particular, it urges raising international financial flows from developed to developing countries to at least 20 billion U.S. dollars per year by 2025, and to at least 30 billion U.S. dollars per year by 2030.

   Experts have described the landmark deal as an opportunity to bring all countries together, and they have spoken highly of China's leading role during this process.

   COP15, formally known as the 15th meeting of the Conference of the Parties to the UN Convention on Biological Diversity, kicked off on Dec. 7 in Montreal, Canada.


Produced by Xinhua Global Service

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