EDA 21 12 2022 Lyst1313
EDA 21 12 2022 Lyst1313
EDA 21 12 2022 Lyst1313
• Providing humans with food, fuel, fibre, • Cutting Pollution to Non-harmful levels
shelter • Minimising climate change impact and
• Building materials, air and water ocean acidification
purification 4 GBF Goals Towards 2050
• Stabilization of climate • Maintaining ecosystem integrity and
• Pollination of plants including those used health to halt extinctions
in agriculture • Measuring and valuing ecosystem
• Moderating the effects of flood, drought, services provided by biodiversity
extreme temperatures and wind. • Sharing monetary and non-monetary
Do You Know? gains from genetic resources and digital
• According to the Intergovernmental sequencing of genetic resources with
Science-Policy Platform on Biodiversity indigenous people and local communities
and Ecosystem Services (IPBES), a quarter • Raising resources for all countries to close
of the plants and animals it assessed for a biodiversity finance gap of an estimated
the 2019 Global Biodiversity Outlook are $700 billion.
threatened.
In Alignment with SDG
• This translates to about one million
• The GBF is aligned with UN Sustainable
species facing extinction.
Development Goals, three of which
Kunming- Montreal Pact directly deal with the environment and
• The agreement to implement the GBF was thus with biodiversity:
pushed through on December 18 by the o Goal 13 on Climate action
Chinese conference presidency and host o Goal 14 on Life below water
Canada.
o Goal 15 on Life on land
• This came in the face of objections from
What is Expected from Member Nations?
some African countries such as the
Democratic Republic of Congo, • Member nations need to submit a revised
Cameroon and Uganda. and updated national biodiversity
strategy and action plan in the conference
Targets for 2030 to be held in 2024.
• Protection for Degraded Areas
• Further, the parties to the CBD should
• Resource mobilisation for conservation submit national reports in 2026 and 2029
to help prepare global reviews. • It finances international environmental
• Countries would have to review existing conventions and country-driven
laws relating to not just the environment, initiatives that generate global benefits.
but areas such as industry, agriculture • The GEF partnership connects 184
and land use. member governments with civil society,
• To ensure that the national strategy and Indigenous Peoples, and the private
action plan adequately protects sector, and works closely with other
biodiversity. environmental financiers for efficiency
and impact.
Mobilising Funding
• Over the past three decades, the GEF has
• By 2030, the GBF hopes to see at least $200 provided more than $22 billion in grants
billion raised per year from all sources. and blended finance and mobilized
• Domestic, international, public and another $120 billion in co-financing for
private — towards implementation of the more than 5,000 national and regional
national action plans. projects, plus 27,000 community-led
• In terms of international funding, initiatives through its Small Grants
developing countries should get at least Programme.
$20 billion a year by 2025 and at least $30 • Since then, the partnership has evolved to
billion by 2030 through contributions include 184 countries and 18 agencies as
from developed countries. well as civil society organizations,
• Global Environment Facility (GEF), a Indigenous Peoples, and the private
multilateral body that partners countries sector.
and agencies. • The GEF is a country-driven organization
• It has been asked to establish in 2023, and that was founded on the principles of
until 2030, a Special Trust Fund to support collaboration and partnership.
the implementation of the GBF. • During its early years, countries
• Complementing this, the GBF envisages implemented activities with the support
that there will be access to justice and of three agencies.
information related to biodiversity for • The World Bank, the United Nations
indigenous peoples and local Development Programme (UNDP), and
communities, respecting their cultures the United Nations Environment
and rights over lands. Programme (UNEP).
About GEF
• The Global Environment Facility is the
world’s largest funder of biodiversity
protection, nature restoration, pollution
reduction, and climate change response in
developing countries.
Question of The Day
Q.) Indian constitutional history is no
stranger to the perils of executive power
over appointments to independent bodies.
Comment (150 Words)