21 July 2024 11:39 AM

Egypt’s participation in the high-level segment of the UN Biodiversity Conference (COP15)

Tuesday، 13 December 2022 - 12:00 AM

Environment Minister Dr.Yasmin Fouad headed, on Monday 12-12-2022 for Montréal in Canada to participate in the the high-level segment of the UN Biodiversity Conference (COP15).

The conference is due on December 7-19, aiming to reach a framework for a roadmap for biodiversity after 2020.

The Minister will also participate in the 10th meeting of Conference of Parties of Cartagena Protocol on Biosafety and the 4th meeting of Conference of Parties of Nagoya Protocol.

The Minister asserted the importance of the UN Biodiversity Conference (COP15), highlighting that Egypt has succeeded during presiding over COP14 to declare the draft of this framework in the exceptional circumstances imposed by coronavirus pandemic.

The Minister shed light on the importance of the integrated entrance for maintaining biodiversity via linking three Rio Conventions on biodiversity, climate change and desertification called for by President Abdel Fattah El Sisi in 2018 during COP14.

This year’s conference is billed as a major biodiversity COP, because it is expected to lead to the adoption of a new Global Biodiversity Framework, guiding actions worldwide through 2030, to preserve and protect our natural resources.

The delegates and organizers will be hoping that this framework will have a more lasting impact than the previous version: at COP10, in 2010, governments agreed to strive for ambitious targets by 2020, including halving natural habitat loss, and implementing plans for sustainable consumption and production.

In her speech, Environment Minister Dr.Yasmin Fouad affirmed that reinforcing ambitions within the Post-2020 Global Biodiversity Framework (GBF) requires the presence of a global fund that allows access to funding and sharing benefits.

She added that the new fund would support the ambitions sought within the framework of the biodiversity action, asserting that the biodiversity fund should provide independent and equal funding and should have a governing structure.

She added that the fund should also allow developed and developing countries the opportunity to be part of the decision.

Fouad affirmed that establishing a fund capable of providing the required support has become an urgent necessity although its is a long-term process, highlighting that the biodiversity fund also needs to be independent and to submit its reports to biodiversity conferences.

She added that the fund’s governing framework also needs to include a large participation of developing countries, which are the most affected by the loss and degradation of biological diversity.

She noted that in parallel to its establishment as a transitional fund until 2025, negotiations will continue to reach an integrated fund that fulfills pledges and works to reduce the funding gap for biodiversity.

Fouad, also, hailed COP15 chaired by China as a turning point in the joint efforts to reach applicable goals within the GBF, which is an initiative led by the UN, aims at addressing the root causes of biodiversity loss.

Fouad said COP15 is an important turning point in the course of the joint efforts of various parties and stakeholders, including women, youth and financial institutions, to ensure reaching agreed goals that can be implemented within the GBF.

She added that such goals can be applied in different region while taking into consideration the transboundary nature of biodiversity and ecosystems, the needs required to implement national commitments, and the fulfillment of the pledges made at COP14 held in Sharm El-Sheikh in 2018.

Fouad added that this would help reach a global framework for biodiversity that preserves natural resources and sustains the quality of life.

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