Logo of the 16th Conference of Parties to the UN Convention on Biological Diversity, Cali, Colombia, 21 Oct.-1 Nov. 2024 (IMAGE)
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In Colombia 21 Oct.- 1 Nov, Parties to the CBD will assess progress against the goals and 23 ambitious targets for 2030 agreed to in the historic Kunming-Montreal Global Biodiversity Framework of 2022. Resource mobilisation and technical and scientific cooperation will be central to the negotiations. Beyond the DSI-related fund, financial ambitions agreed to in the KMGBF include investing US$ 200 billion a year from all sources in biodiversity, and reforming US$ 500 billion in government subsidies that undermine biodiversity.
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