MONITORING DESK
MONTREAL: A draft United Nations (UN) deal to save nature calls on developed and rich countries to increase financial assistance to developing countries to 20 billion US dollars by 2025, rising to thirty billion US dollars annually by 2023, documents revealed on Sunday.
It also demanded that countries enable and ensure that by 2030 at least 30% of inland water, terrestrial and coastal, and marine areas are effectively managed and conserved.
Conservationists welcome United Nations deal
United Nations deal text, brokered by China which is presiding over a summit titled COP15 in Montreal, was warmly welcomed by conservationists.
Alfred DeGemmis, of the Wildlife Conservation Society said that the text showed that China is ready to lead a race to the peak, building on the determination expressed by participants during the summit. China will now require to defend the determination presented in the document.
He said that China would also need to bring hesitant countries on board with the major global consensus that biodiversity loss is an urgent crisis that requires q quick action.
He also cautioned that the major portion of the document was too focused on the action by 2050, as opposed to more immediate accomplishments by 2030.
