Tag : COP15

    India implores COP15 to increase nature funding

    Pankaj Sharma
    December18/ 2022

    Montreal (The Hawk): Bhupender Yadav, India's Union Minister for Environment, Forest, and Climate Change, has expressed hope that the COP15 UN biodiversity meeting will establish a consensus on implementing the post-2020 Global Biodiversity Framework. Yadav stated during the snow-covered Montreal plenary that reversing ecological degradation and arresting global biodiversity loss are crucial for the socioeconomic prosperity and well-being of people, as well as for global progress. "Under the leadership of the Honorable Prime Minister Narendra Modi, India is trying to restore and preserve its rich biodiversity," Yadav said in a blog post on Saturday. "India also collaborates closely with other nations on biodiversity conservation through information sharing and technology exchange." Speaking at the plenary, which brought together nearly 200 signatory countries with the goal of establishing a global roadmap for the conservation and sustainable management of biodiversity and natural ecosystems for the next decade, the Union minister emphasised India's position that the Global Biodiversity Framework's goals and targets should be both ambitious and practical. As climate change also has an impact on biodiversity, the conservation of biodiversity must be founded on shared but differentiated responsibilities and capabilities. "I repeated that agriculture is the most important economic driver for rural areas in developing nations, and that the crucial support provided to these sectors cannot be redirected. The majority of the rural population in India is dependent on agriculture and allied sectors, and the government of Honorable PM Modi ji provides a variety of subsidies, including seed, fertiliser, irrigation, power, export, credit, agr ...

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