Earlier this month, a “landmark U.N. biodiversity agreement” was adopted by delegates from 190 countries at the Fifteenth Conference of Parties (COP15) of the U.N. Convention on Biological Diversity in Montreal. The chief goal of the new Global Biodiversity Framework (GBF) is that “the integrity, connectivity and resilience of all ecosystems are maintained, enhanced, or restored, substantially increasing the area of natural ecosystems by 2050.” The GBF asserts that around 25 percent of assessed plant and animal species are threatened, suggesting that around 1 million species may already face eventual extinction unless action is taken.
The GBF specifies that by 2030, 30 percent of Earth’s lands, oceans, coastal areas, and inland waters are “effectively conserved” and that restoration be completed or underway on at least 30 percent of degraded terrestrial, inland waters, and coastal and marine ecosystems. Currently, 17 percent and 10 percent of the world’s terrestrial and marine areas respectively are under protection. In addition, the GBF aims to reduce annual subsidies harmful to biodiversity (e.g., biofuels, fisheries, fossil fuels) by $500 billion; and to cut food waste in half by 2030.
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