Berliner Boersenzeitung - UN chief seeks 'significant' funding at summit to save nature

EUR -
AED 3.991743
AFN 71.293681
ALL 98.592116
AMD 419.86832
ANG 1.952957
AOA 991.698806
ARS 1063.619993
AUD 1.618738
AWG 1.956225
AZN 1.844053
BAM 1.954256
BBD 2.187972
BDT 129.497702
BGN 1.954356
BHD 0.408577
BIF 3151.210664
BMD 1.086791
BND 1.422177
BOB 7.488085
BRL 6.126682
BSD 1.083644
BTN 91.098036
BWP 14.448586
BYN 3.546299
BYR 21301.112933
BZD 2.184275
CAD 1.500153
CDF 3093.008399
CHF 0.939857
CLF 0.037166
CLP 1025.529871
CNY 7.718174
CNH 7.737189
COP 4605.659257
CRC 556.960023
CUC 1.086791
CUP 28.799974
CVE 110.177964
CZK 25.246641
DJF 192.967563
DKK 7.457476
DOP 65.278433
DZD 145.00645
EGP 52.847829
ERN 16.301872
ETB 129.98042
FJD 2.422129
FKP 0.831579
GBP 0.832928
GEL 2.956341
GGP 0.831579
GHS 17.392261
GIP 0.831579
GMD 76.075528
GNF 9347.61574
GTQ 8.378381
GYD 226.710907
HKD 8.444968
HNL 27.043637
HRK 7.486939
HTG 142.607346
HUF 400.351844
IDR 16817.011303
ILS 4.039251
IMP 0.831579
INR 91.382916
IQD 1419.578587
IRR 45743.053023
ISK 149.292813
JEP 0.831579
JMD 172.144013
JOD 0.770322
JPY 162.39893
KES 140.337445
KGS 92.923858
KHR 4401.522965
KMF 492.479305
KPW 978.112083
KRW 1488.013042
KWD 0.333123
KYD 0.903087
KZT 523.496458
LAK 23771.221642
LBP 97040.341832
LKR 317.289354
LRD 208.60521
LSL 19.029268
LTL 3.209012
LVL 0.657389
LYD 5.213881
MAD 10.730923
MDL 19.30475
MGA 4963.079357
MKD 61.481432
MMK 3529.856321
MNT 3692.917466
MOP 8.672049
MRU 42.90111
MUR 50.470778
MVR 16.681867
MWK 1878.815807
MXN 21.600992
MYR 4.614378
MZN 69.446037
NAD 19.029268
NGN 1774.350324
NIO 39.878498
NOK 11.868377
NPR 145.756858
NZD 1.788326
OMR 0.41804
PAB 1.083644
PEN 4.083974
PGK 4.268628
PHP 62.512465
PKR 300.819564
PLN 4.305486
PYG 8579.222741
QAR 3.952178
RON 4.972944
RSD 117.022417
RUB 104.202539
RWF 1471.637463
SAR 4.082093
SBD 9.057225
SCR 15.318314
SDG 653.708382
SEK 11.435041
SGD 1.423809
SHP 0.831579
SLE 24.985546
SLL 22789.470384
SOS 619.310768
SRD 35.742415
STD 22494.389334
SVC 9.48151
SYP 2730.596479
SZL 19.01398
THB 35.961611
TJS 11.55707
TMT 3.814638
TND 3.352751
TOP 2.545378
TRY 37.246513
TTD 7.353191
TWD 34.839295
TZS 2952.966758
UAH 44.679505
UGX 3974.860012
USD 1.086791
UYU 45.404132
UZS 13874.040038
VEF 3936959.216483
VES 42.516693
VND 27349.107498
VUV 129.0261
WST 3.044303
XAF 655.439228
XAG 0.032218
XAU 0.000399
XCD 2.937109
XDR 0.80976
XOF 655.439228
XPF 119.331742
YER 272.078139
ZAR 19.119162
ZMK 9782.483319
ZMW 28.79825
ZWL 349.946412
  • BCC

    -0.4600

    141.74

    -0.32%

  • GSK

    -0.4100

    38.55

    -1.06%

  • RBGPF

    61.1100

    61.11

    +100%

  • VOD

    0.0300

    9.76

    +0.31%

  • NGG

    0.8100

    68

    +1.19%

  • SCS

    -0.2000

    13.01

    -1.54%

  • CMSC

    -0.0100

    24.78

    -0.04%

  • CMSD

    0.0200

    25.04

    +0.08%

  • RYCEF

    -0.0300

    7.42

    -0.4%

  • JRI

    0.0700

    13.22

    +0.53%

  • RIO

    0.2700

    65.36

    +0.41%

  • RELX

    -0.4200

    48.17

    -0.87%

  • AZN

    0.2400

    78.26

    +0.31%

  • BCE

    0.0500

    33.54

    +0.15%

  • BP

    0.0100

    31.33

    +0.03%

  • BTI

    -0.8700

    34.5

    -2.52%

UN chief seeks 'significant' funding at summit to save nature
UN chief seeks 'significant' funding at summit to save nature / Photo: Joaquin Sarmiento - AFP

UN chief seeks 'significant' funding at summit to save nature

UN chief Antonio Guterres on Sunday urged "significant investment" in a fund created to safeguard Earth's biodiversity as he addressed delegates to the world's biggest nature protection conference in Cali, Colombia.

Text size:

The meeting, which officially opens Monday, had a ceremonial kickoff with Cali on high alert after threats from a guerrilla group.

Guterres made a video address to guests gathered for the event taking place under the protection of thousands of Colombian police and soldiers, aided by UN and US security personnel.

"We must leave Cali with significant investment in the Global Biodiversity Framework Fund (GBFF), and commitments to mobilize other sources of public and private finance," the secretary general said.

The GBFF was created last year to help countries achieve the goals of the so-called Kunming-Montreal Global Biodiversity Framework (GBF) adopted in Canada in 2022 with 23 targets to "halt and reverse" the loss of nature by 2030.

So far, countries have made about $250 million in commitments to the fund, according to agencies monitoring progress.

The fund is part of a broader agreement made in Montreal two years ago for countries to mobilize at least $200 billion per year by 2030 for biodiversity, including $20 billion per year by 2025 from rich nations to help the developing world.

Guterres highlighted that destroying nature increases conflict, hunger and disease, fuels poverty and slashes GDP.

"A collapse in nature's services -- such as pollination, and clean water -- would see the global economy lose trillions of dollars a year, with the poorest hardest hit," he said.

Avoiding such a future would entail countries "honoring promises on finance and accelerating support to developing countries," said Guterres.

"Those profiting from nature must contribute to its protection and restoration," he added.

- 'Peace with nature' -

About 12,000 delegates from nearly 200 countries, including 140 government ministers and a dozen heads of state were due to attend the 16th Conference of the Parties (COP16) to the UN Convention on Biological Diversity (CBD), running until November 1.

Themed "Peace with Nature," it has the urgent task of coming up with monitoring and funding mechanisms to ensure the 23 UN targets can be met.

But Colombia's EMC rebel group, a splinter of the FARC guerrilla army that disbanded in 2017, has cast a shadow over the event by urging foreign delegations to stay away and warning the conference "will fail."

The threat came after EMC fighters were targeted in a military raid in the southwest Cauca department, where the group is accused of engaging in drug trafficking and illegal mining.

Cali is the nearest big city to territory controlled by the EMC, which has been engaged in fraught peace negotiations with the government.

Colombian President Gustavo Petro also attended Sunday's ceremonial event, two days after saying he was "nervous" about security.

Cali's mayor Alejandro Eder insisted, however, that "we have been working since February to safeguard the city of Cali... We have more than 10,000 police officers, we also have detachments of the Colombian Armed Forces guarding the entire perimeter of the city. We have air protection, protection against drones."

- Time running out -

The delegates have their work cut out for them, with just five years left to achieve the target of placing 30 percent of land and sea areas under protection by 2030.

World-renowned British primate expert Jane Goodall warned ahead of the summit there was little time to reverse the downward slide.

"The time for words and false promises is past if we want to save the planet," Goodall told AFP this week.

According to the International Union for Conservation of Nature (IUCN), which keeps a red list of threatened animals and plants, more than a quarter of assessed species -- about a million altogether -- are threatened with extinction.

Host Colombia is one of the most biodiverse countries in the world, and Petro has made environmental protection a priority.

But the country has struggled to extricate itself from six decades of armed conflict between leftist guerrillas such as the EMC, right-wing paramilitaries, drug gangs, and the state.

(B.Hartmann--BBZ)