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GlobalWarming & ClimateChange News Desk

COP17: News & Views Thought & Word Countries Agree to Step Up to ‘Save Nature’ but Funding & Action Falls Short with Deed

GlobalWarming & ClimateChange News Desk – Here’s COP17: Key outcomes agreed at the UN biodiversity conference in Yerevan: See Carbon Brief’s detailed summary of COP17’s key outcomes.

The COP17 UN nature talks ended in Yerevan, Armenia on Saturday with countries “agree[ing] to step up efforts”, reports the Financial Times. It says the summit “recognised” that the world is “set to miss its 2030 conservation goals as finance and action have fallen short” by Kenza Bryan, The Financial Times

The newspaper continues: “A plan was agreed to accelerate progress ahead of the next summit in Ecuador in two years, dubbed the Yerevan Pathway. It would mean redoubling efforts to tackle subsidies and incentives that are harmful to nature, increasing financial, scientific and technical support for developing countries, and strengthening monitoring and reporting mechanisms.” It adds: “Steven Guilbeault, former Canadian minister of environment and climate change, said that finance remained one of the biggest obstacles.” 

BBC News notes that a UN report shows the world is “on track to achieve just one of…two dozen [nature-protection] targets” agreed for 2030.

The New York Times says this year’s meeting “marked the halfway point” for countries to meet their targets, set in 2022. It adds that, while there were “tense questions over how to pay for nature protection”, the summit did see pledges for “almost $2bn in new financing”. 

Le Monde says the agreement at COP17 was only possible after some decisions were “watered down”. 

Politico says the agreement left “little clarity on how to pay” for renewed efforts. 

Climate Home News says the summit agreed to “invite wealthy emerging economies like China to assume donor status”. 

Le Monde also interviews Guilbeault who says “the issue of harmful subsidies is probably the major battleground for the coming years”.

The Guardian says: “Calls grow for COP summit reforms”. 

Agence France-Presse says Saudi Arabia, Russia, Argentina and Brazil were “accused of undermining science at UN nature talks”.

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