Five Key Biodiversity Takeaways from COP15 in Montreal
For decades, UN climate talks shunned the idea of private-sector involvement. During the COP15 biodiversity summit, it became clear that take is receding into the past.
A black rhinoceros roaming at dawn at ol-Pejeta conservancy at Laikipia's county headquarters, Nanyuki, near Mt. Kenya.
Photographer: Tony Karumba/AFP/Getty Images
The agreement reached at COP15 in Montreal to protect a third of Earth’s land and water by the end of this decade also has the potential to shake up the regulatory landscape for the investment industry. But implementing it won’t be easy.
The landmark deal, signed after four years of talks and a two-week UN-sponsored conference in Canada, has been hailed by organizers as a Paris Agreement for biodiversity, in reference to the 2015 accord that kicked off a global movement for climate action. The Kunming-Montreal Global Biodiversity Framework has been praised by the governments that wrote and signed it, as well as by the private sector, environmental organizations and activists.