COP15 reaches Historic Global Deal for Nature and People


COP15, also known as the UN Biodiversity conference in Montreal, Canada, ended with the EU joining 195 countries in the Kunming-Montreal Global Biodiversity Framework. This framework includes global goals and targets aimed at protecting and restoring nature for current and future generations, ensuring its sustainable use, and encouraging investments in a green global economy.

Together with the Paris Agreement on climate change, the Kunming-Montreal framework paves the way towards a climate-neutral, nature-positive, and resilient world by 2050.

Some key targets of the Kunming-Montreal agreement include:

  • Restoring 30% of degraded ecosystems globally by 2030
  • Conserving and managing 30% of areas on land and sea by 2030
  • Reducing the extinction risk and rate of all species by at least 50% by 2050
  • Reducing the risk from pesticides by 50% by 2030
  • Reducing nutrients lost to the environment by 50% by 2030
  • Reducing pollution risks by 2030 to levels that are not harmful to biodiversity and ecosystem functions

The Kunming-Montreal deal will also significantly increase the mobilisation of finance for biodiversity from all sources, including domestic and international public and private sources, mobilising at least $200bn per year by 2030. It will also create incentives for domestic and international sources, including business investment, and address subsidies harmful to biodiversity by identifying and eliminating at least $500bn per year by 2030.

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