COP17: Yerevan Pathway seeks faster action for nature through 2030
The biodiversity convention’s secretariat announces the conference’s conclusion and nearly 50 decisions. New funding commitments do not establish that money has been disbursed.
The UN biodiversity conference concluded in Yerevan with nearly 50 decisions, according to the convention secretariat’s final release dated 31 October. A central outcome is the Yerevan Pathway, a response to the first collective review of implementation of the Kunming–Montreal global framework.
The release identifies reform of nature-harming subsidies, support for developing countries and alignment of budgets with the 2030 goals as priorities. The assessment finds that the world is off track to meet the 23 targets.
The secretariat also reports agreement on operating rules for the new subsidiary body concerning indigenous peoples and local communities, known as the Sevan Guidelines.
Nearly US$2 billion in new biodiversity funding was announced. These are commitments and initiatives; the release does not establish completed disbursements or achievement of environmental targets. ERTnews reports on the agreement and the disagreements over financing.
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