Despite funding setbacks, COP16 established an historic Indigenous-led body for biodiversity decisions amid stalled global financing commitments.
The United Nations Biodiversity Conference’s counterpart to the Paris Agreement’s nationally determined contributions (NDCs), the pledges of member states are submitted to the CBD in the form of National Biodiversity Strategies and Action Plans (NBSAPs).
Souparna Lahiri, a campaigner for civil society coalition Global Forest Coalition, said that the “commodification of nature” is largely the root cause of widescale global biodiversity loss – undermining solutions championed by Indigenous peoples and local communities.
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