G7 Italy: The Apulia Summit

DAVID COOPER David Cooper is the acting executive secretary of the Secretariat of the Convention on Biological Diversity. He was previously deputy executive secretary in charge of leading the strategic and planning activities, as well as the intergovernmental processes and activities under the convention and its Cartagena and Nagoya Protocols. He has more than 30 years’ experience in environmental and agricultural science and policy, and international negotiations. As secretary of the 15th Conference of the Parties to the CBD, he was instrumental in facilitating the adoption of the Kunming-Montreal Global Biodiversity Framework.

X-TWITTER @hdavidcooper and @UNBiodiversity  www.cbd.int

responsibility of countries with great biodiversity. It also provides the opportunity for enhanced involvement of multilateral development banks and development finance institutes, which will facilitate the mainstreaming of biodiversity necessary to implement the plan. A SPECIAL RESPONSIBILITY G7 members have a special responsibility to help ensure the success of this new fund by making contributions. They must take the lead in mobilising the financial resources needed to allow all countries to implement the plan. In particular, at the Apulia Summit G7 leaders must act to ensure that the commitments included in the plan – to mobilise at least $20 billion in international financial flows by 2025, and 30 billion by 2030 – are met. Countries must also find common ground to further develop the multilateral mechanism for fairly and equitably sharing the benefits from using digital sequence information on genetic resources, including developing a global fund. This would not only support implementing the Biodiversity Convention and the Nagoya Protocol, but also facilitate the work under other international agreements on agriculture, health and biodiversity beyond national jurisdictions. COP16 in October in Cali, Colombia, will be a critical moment for the Biodiversity Plan and the global community. Parties to the convention are expected to show their updated

NBSAPs, further develop the monitoring framework and advance resource mobilisation. COP16 is also due to finalise and operationalise the multilateral mechanism on the fair and equitable sharing of benefits from the use of digital sequence information on genetic resources. DRIVING GLOBAL CHANGE G7 leaders – some of the largest global economies – must be at the forefront of implementation, driving global change and making the transformative changes needed across economies and societies to ensure sustainable and equitable development. This includes reducing greenhouse gas emissions and limiting negative actions for biodiversity, while promoting sustainable agriculture, forestry and fisheries, as well as sustainable consumption and production patterns across all sectors. G7 members can demonstrate leadership by phasing out or reforming incentives that harm biodiversity and moving to align all public and private investments with the Biodiversity Plan. The Biodiversity Plan is our best chance to halt and reverse the loss of biodiversity, creating a sustainable future for generations to come. If we all share the responsibility and act now, we will see results by 2030. Let us work together to build back biodiversity and create a sustainable future. We must all be part of the plan – the Biodiversity Plan for life on Earth. The world is looking to the G7 to lead the charge.

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ITALY: THE APULIA SUMMIT G7 — 2024

globalgovernanceproject.org 2024 — G7 ITALY: THE APULIA SUMMIT

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