About KMGBF
- It is a non-binding framework adopted at the 15th Conference of Parties (COP) to the CBD in Montreal (Dec 2022).
- Aim: To halt and reverse biodiversity loss by 2030.
- Targets: Set 23 targets to be met by 2030: i.e. 30 % conservation of land, sea and inland water, 30 % restoration of degraded ecosystems, etc.
- Goals: Set 4 goals to be achieved by 2050:
- Ecosystem & species health including halting human-induced species extinction.
- Sustainable use of biodiversity.
- Equitable sharing of benefits.
- Implementation and finance to include closing the biodiversity finance gap of $700 billion per year.
Key Recommendations by the Scientific Body
- New work is to be advanced in areas like Biodiversity-inclusive spatial planning; Sustainable biodiversity-based activities etc.
- Supporting adequate financial resources, capacity-building, etc.
- Ensure that the rights of indigenous peoples and local communities are respected.
Convention on Biological Diversity
- About: International treaty adopted at the United Nations Conference on Environment and Development (the Rio "Earth Summit") in 1992.
- Headquarters: Montreal, Canada.
- Members: 196 (India is a Member).
- As a party to CBD, every member country is required to have a national biodiversity strategy and action plan.
- Accordingly, India enacted the Biological Diversity Act, 2002.
