In this episode of the Sustainable Views podcast, deputy editor Elizabeth Meager speaks to editor, Philippa Nuttall about the challenges facing COP17, following her recent reporting trip to Armenia and conversations with the summit's president.
With the world falling behind on its biodiversity commitments, they discuss whether the targets agreed under the Kunming-Montreal Global Biodiversity Framework are achievable, why nature finance is struggling to attract investment, and what businesses and governments need to do differently.
They also examine the striking imbalance in global spending on nature, with $30 spent on activities that degrade the environment for every $1 invested in protecting it, and why the success of COP17 may depend on bringing finance ministers and businesses into the negotiations.
00:00 – What is biodiversity COP17?
01:06 – Armenia's priorities as host of COP17
02:24 – The world's ambitious 2030 biodiversity targets
03:49 – Why countries are falling behind on their commitments
05:54 – What can COP17 realistically achieve?
06:13 – The Cali Fund and the challenge of raising private finance
08:05 – Why the nature finance gap is so large
09:33 – Why protecting nature also means stopping harmful investment
11:47 – Can countries be held accountable for missed targets?
13:36 – How biodiversity and climate COPs are connected
14:39 – Why finance ministers and businesses need to be involved
18:23 – Is there still hope for international cooperation?
20:08 – Why biodiversity loss threatens businesses and the global economy
Read more: https://www.sustainableviews.com
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