-
Eighth day of wildfires in Indonesian national park
-
Chinese AI drives price competition among US labs
-
One woman confirmed dead in western Canada wildfire
-
Indian students step up exam protests in Jharkhand
-
Energy transition threatens to wipe Dutch village from map
-
Stopped broadcast, layoffs: Hungary media eyes post-Orban renewal
-
Self-taught Turkish 'linguist' keeps dead language alive
-
Typhoon Dolphin weakens but disrupts travel in east China
-
Asian stocks track Wall St higher after US job losses ease rate fears
-
Pakistan brickmakers scorched by sun above and fire below
-
Western Europe experienced hottest June-July on record: EU monitor
-
Ithaca bets on hometown hero Odysseus for tourism boom
-
Shelton sweeps Fonseca to reach Montreal quarter-final
-
Five things to know about Zambia ahead of the presidential vote
-
Who are the main contenders in Zambia's presidential vote?
-
Zambia vote to test Hichilema's economic record
-
Rybakina survives scare as Gauff, Osaka race into Toronto quarters
-
Meta will soon face another high-stakes trial in US
-
Thirty years on, a trial finally opens in Tupac Shakur's killing
-
Syria says reached deal with Moscow on fate of Russian bases
-
Shelton sweeps Fonseca to reach another Montreal quarter-final
-
Netanyahu rejects Gaza plan in new break from Trump
-
Brennan captures Wyndham crown for second PGA win
-
Kurdish PKK criticises Turkey bill on fate of its fighters
-
Rybakina, Gauff advance to Toronto quarter-finals
-
Clay-courter Merida on hardcourt learning curve in Montreal
-
Rahm three-peats as LIV Golf season champ while Niemann wins at New York
-
NBA champion player and historic coach Nelson dead at 86
-
Vollering wins Tour de France Femmes after war of nerves
-
BMW iX3 Flow Edition brings animated bodywork closer to reality
-
BMW’s next chapter accelerates with New Class rollout
-
Arteta backs Guimaraes to 'ignite something different' at Arsenal
-
Five dead in new Russia, Ukraine strikes
-
Como sign England defender Chalobah from Chelsea
-
PSG sign France full-back Digne from Villa
-
Demi Vollering wins Tour de France Femmes
-
Sinner withdraws from Cincinnati Open with knee injury
-
Iraola's first Anfield match as Liverpool manager ends in Monaco defeat
-
Fernandez's 'perfect' race earns him British MotoGP Grand Prix win
-
Bodies hanging from bridge revive violence in once-calm town in Mexico
-
Iran Guards say won't reopen Hormuz without US meeting Tehran's demands
-
Lionel Messi bids farewell to father who guided his glittering career
-
Hogh's hat-trick inspires Celtic to 5-1 victory over Kilmarnock
-
Raul Fernandez wins British MotoGP Grand Prix
-
London grants first licences for supervised Uber robotaxis
-
Tesla FSD secrecy puts Europe’s safety oversight under scrutiny
-
Erasmus hopeful Kolisi hamstring injury not 'too bad'
-
Mercedes-AMG GT 53 balances speed, range and daily usability
-
Luxury car buyers trade prestige for mainstream value
-
Lion queen Werro focused on Euro medal, not 800m world record
Draft UN biodiversity deal calls to protect 30% of planet by 2030
Countries gathered at a UN meeting on biodiversity in Montreal were inching closer Sunday to a deal to protect 30 percent of the planet by 2030 and to stump up $30 billion in yearly aid for the developing world to save their ecosystems.
Fraught talks to seal a "peace pact for nature" came to a head as summit chair China presented a long-awaited compromise text that was cautiously welcomed by many, though some nations said more work was needed.
The plan maps out action for the next decade to roll back habitat destruction, pollution and the climate crisis that scientists say threaten a million plant and animal species with extinction.
It calls on wealthy countries to increase financial aid to the developing world to $20 billion annually by 2025, rising to $30 billion per year by 2030, while ensuring 30 percent of land and sea areas are effectively conserved and managed by the end of this decade.
The text includes language safeguarding the rights of Indigenous people as stewards of their lands, a key demand of campaigners, but was watered down in other areas -- for example, only encouraging businesses to report their biodiversity impacts rather than mandating them to do so.
The draft still needs to be agreed upon by the 196 signatories to the Convention on Biological Diversity before it is finalized.
Environmentalists say the "30 by 30" goal is the biodiversity equivalent of the Paris Agreement, which seeks to limit long-term global warming to 1.5 degrees Celsius.
The meeting, called COP15, is being held in Canada because of China's strict Covid rules.
- Risk of pushback -
"Six months ago, we didn't even know if we would have a COP this year, let alone a Paris moment for biodiversity, and that sincerely is where I think we're heading," said Canada's environment minister Steven Guilbeault in enthusiastic remarks.
But European commissioner for environment Virginijus Sinkevicius struck a more cautious note, signaling that the funding figures being discussed could be problematic.
"If we have other countries committing to fulfill those goals, such as China, I think that can be realistic," he said, also calling on Arab states to play their part.
Colombia's environment minister Susana Muhamad said she was "optimistic that the main goals have been landed," calling the draft an "important step forward."
Braulio Dias, however, speaking on behalf of the incoming Brazilian government of Luiz Inacio Lula da Silva, called for "better resource mobilization" -- technical speak for more aid to developing countries, a concern echoed by the Democratic Republic of Congo.
Conservation groups said the text was a mixed bag.
"The draft text makes the largest commitment to ocean and land conservation in history," said Brian O'Donnell, of the Campaign for Nature.
But Georgina Chandler, of Britain's Royal Society for the Protection of Birds, said she was worried about a lack of numeric "milestones" for restoring ecosystems on the way to 2050.
"We're basically not measuring progress until 28 years' time, which is madness," she said.
- Funding dispute -
Developing countries, spearheaded by Brazil, had been seeking the creation of a new fund to signal the Global North's commitment to the cause. But the draft text instead suggests a compromise: a "trust fund" within the existing mechanism, called the Global Environment Facility.
Colombia's Muhamad said her country would accept this as a stopgap measure.
The more than 20 targets also include cutting environmentally destructive farming subsidies, reducing pesticide use and tackling invasive species.
But the issue of how much money the rich countries will send to the developing world, home to most of the planet's biodiversity, has been the biggest sticking point.
Lower income nations point out developed countries grew rich by exploiting their natural resources and therefore demand to be paid well to protect their own.
Current financial flows for nature to the developing world are estimated at around $10 billion per year.
Beyond the moral implications, there is the question of self-interest: $44 trillion of economic value generation -- more than half the world's total GDP -- depends on nature and its services.
T.Bondarenko--BTB