<p>It was a virtual throwback to the rhetoric of the rich-poor divide. As the delegates at the United Nations Convention on Biodiversity here struggled to arrive at an agreement on how to find resources to meet the ambitious targets on conservation of biodiversity, a classic battle ensued between the rich and poor nations as they sought to articulate their national positions. <br /><br /></p>.<p>As a result, consensus eluded the 11th Conference of Parties (COP 11) to the Convention on Biodiversity (CBD) and the negotiations stretched late into the evening to hammer out an acceptable solution on a funding mechanism to meet the biodiversity goals.<br /><br />India, which hosted the event for the first time, took the lead to break the deadlock and suggested a middle path. Union Minister for Environment and Forests Jayanthi Natarajan, who chaired the meeting, proposed doubling of biodiversity aid by the rich nations by 2015, using the average funding between 2006 and 2010 as an interim baseline.<br /><br />As a compromise formula, India proposed that the targets could be revised at the subsequent CBD summits, scheduled to be held every two years till 2020. The proposal came in the wake of a strong demand by the developing countries that the conservation goals, set during the previous CBD meet at Nagoya in Japan in 2010, could not be achieved unless the rich countries came forward with liberal funding.<br /><br />It was also suggested that by 2015, at least three-fourths of the poor nations should prepare their respective national biodiversity plans and assess their biodiversity expenditures and needs.<br /><br />Named after the region around Nagoya, the Aichi biodiversity targets cover a 10-year action plan to protect the world's plants, animals and natural habitats. As per the targets, it was agreed to reduce the loss of natural habitats including forests by 50 per cent and increase the area of the world's land taken up by nature reserves to 17 per cent by 2020, from less than 10 per cent currently.<br /><br />The other goals include the restoration of at least 15 per cent of degraded areas through conservation and restoration activities and special efforts to reduce the pressures faced by coral reefs.<br /><br />Current crisis hurdle<br /><br />However, there is no institutional mechanism to fund the conservation efforts as the member nations are often caught in a maze of national positions. The present global economic crisis has further cast a shadow on the biodiversity action plan.<br /><br />According to a preliminary report of the High-Level Panel on Global Assessment of Resources, the global community needs to invest between $130 billion and $430 billion annually from 2013 to 2020 to meet the Aichi Targets. Meanwhile, the organisers announced that South Korea would host the 12th Conference of Parties in 2014.<br /></p>
<p>It was a virtual throwback to the rhetoric of the rich-poor divide. As the delegates at the United Nations Convention on Biodiversity here struggled to arrive at an agreement on how to find resources to meet the ambitious targets on conservation of biodiversity, a classic battle ensued between the rich and poor nations as they sought to articulate their national positions. <br /><br /></p>.<p>As a result, consensus eluded the 11th Conference of Parties (COP 11) to the Convention on Biodiversity (CBD) and the negotiations stretched late into the evening to hammer out an acceptable solution on a funding mechanism to meet the biodiversity goals.<br /><br />India, which hosted the event for the first time, took the lead to break the deadlock and suggested a middle path. Union Minister for Environment and Forests Jayanthi Natarajan, who chaired the meeting, proposed doubling of biodiversity aid by the rich nations by 2015, using the average funding between 2006 and 2010 as an interim baseline.<br /><br />As a compromise formula, India proposed that the targets could be revised at the subsequent CBD summits, scheduled to be held every two years till 2020. The proposal came in the wake of a strong demand by the developing countries that the conservation goals, set during the previous CBD meet at Nagoya in Japan in 2010, could not be achieved unless the rich countries came forward with liberal funding.<br /><br />It was also suggested that by 2015, at least three-fourths of the poor nations should prepare their respective national biodiversity plans and assess their biodiversity expenditures and needs.<br /><br />Named after the region around Nagoya, the Aichi biodiversity targets cover a 10-year action plan to protect the world's plants, animals and natural habitats. As per the targets, it was agreed to reduce the loss of natural habitats including forests by 50 per cent and increase the area of the world's land taken up by nature reserves to 17 per cent by 2020, from less than 10 per cent currently.<br /><br />The other goals include the restoration of at least 15 per cent of degraded areas through conservation and restoration activities and special efforts to reduce the pressures faced by coral reefs.<br /><br />Current crisis hurdle<br /><br />However, there is no institutional mechanism to fund the conservation efforts as the member nations are often caught in a maze of national positions. The present global economic crisis has further cast a shadow on the biodiversity action plan.<br /><br />According to a preliminary report of the High-Level Panel on Global Assessment of Resources, the global community needs to invest between $130 billion and $430 billion annually from 2013 to 2020 to meet the Aichi Targets. Meanwhile, the organisers announced that South Korea would host the 12th Conference of Parties in 2014.<br /></p>
