fbpx

Global Biodiversity Framework

  • IASbaba
  • December 21, 2022
  • 0
Environment & Ecology
Print Friendly, PDF & Email

In News: Over 190 nations adopt landmark biodiversity pact to restore natural ecosystems

Aim:

  • To restore natural ecosystems.
  • countries agreed to protect 30 percent of the planet by 2030.
  • Reducing pesticides use by half
  • Raising annual international financial flows from developed to developing countries to at least 20 billion dollars by 2025, and to at least 30 billion dollars by 2030.
  • To reduce harmful government subsidies worth 500 billion dollars annually, while vowing to identify subsidies that are harmful to biodiversity by 2025.

About Global Biodiversity Framework (GBF):

  • Established at the UN Biodiversity Conference, COP15 in Montreal
  • GBF is considered equivalent to the Paris Agreement on climate change in terms of its significance for protecting biodiversity.
  • The countries pledged to achieve 23 targets to reverse ecosystem degradation under four overarching goals for the survival of the natural world.

Significance for India:

  • The biodiversity plan gives India legroom on continuing farm subsidies and pesticide use.
  • This has been a priority for India, which has been voluntarily pitching for natural farming in a big way

Source: Newsonair

 

For a dedicated peer group, Motivation & Quick updates, Join our official telegram channel – https://t.me/IASbabaOfficialAccount

Subscribe to our YouTube Channel HERE to watch Explainer Videos, Strategy Sessions, Toppers Talks & many more…

Search now.....

Sign Up To Receive Regular Updates