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Funds crunch skews Aichi targets on biodiversity by Keya Acharya October 09,2012   |  Source: IPS

The United Nations 11th Conference of the Parties to the Convention on Biological Biodiversity (COP 11 CBD), underway in the southern Indian city of Hyderabad, is lost on where to garner the billions of dollars needed to implement the ‘Aichi targets,’ due to be met by 2020.

“Decisions made here will lay the foundation for achieving the Aichi targets,” said India’s minister for environment and president of COP 11, Jayanthi Natarajan. “Expenditure on biodiversity needs to be looked at as investments that will reap benefits for us and our future generations,” she cajoled delegates at the start of the 11-day (Oct. 8-19) conference.

But the executive secretary of the CBD, Braulio Ferreira de Souza Dias, admitted to IPS, prior to the opening on Monday, that finding the money to keep biodiversity issues at the centre of development was not going to be easy.

“All CBD nations, however, have agreed that to meet Aichi targets. We need to change existing structures,” Dias told IPS. “There is a need for other sectors, such as health, to be linked to the financing process. I don’t expect only environmental agencies to pay this bill.”

The Aichi targets, now standing at a steep and seemingly impossible gradient, range from tackling awareness of


© 2012 IPS-Inter Press Service

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