At COP15, a significant plan to protect the world’s land and oceans and provide financing to save biodiversity in the developing world has been agreed.
Just one day before the end of the United Nations Biodiversity Conference, or COP15 the agreement was created with a commitment to protect 30 per cent of land and water considered important for biodiversity by 2030.
The concept, pioneered by the UK in 2021 as the Global Ocean Alliance has now been extended with calls for raising €187bn by 2030 for biodiversity from a range of sources and working to phase out or reform subsidies that could provide another €469bn for nature.
A report published in October by the Wildlife Trust found that 70 per cent of global biodiversity has been lost since 1970, and the agreement is seen by many to be a ‘last chance’ to save true biodiversity.
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