The Ecosystem Marketplace's Mitigation Mail
Conservation and Wetland News You Can Bank On
This month's news is dominated by the 10th Conference of Parties of the Convention of Biological Diversity (CBD COP10). Ecosystem Marketplace provided coverage of the event - see article summaries and links below.
[Need a primer on the CBD COP10? Check out our CBD Cheat Sheet ]
The negotiations were colored by debate / stalling (depending on your point of view)... particularly in regards to an agreement for 'access and benefits sharing' (or ABS) to provide developing countries a share of the profits when products like pharmaceuticals are developed from that country's biodiversity resources.
When time kept ticking away and it didn't look like an agreement would be reached, the Prime Minister of Japan, Naoto Kan, made a Big Deal announcement. Japan pledged $2 billion towards a new 'Life in Harmony' initiative that would disburse funds to development countries over three years to help develop national biodiversity strategic action plans.
Ultimately, the COP ended (at 3am!) with an agreement on ABS ('Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Arising from their Utilization') as well as 2020 targets . Something that did not make it past negotiations was text supportive of 'innovative financial mechanisms,' which got the ax in working group discussions (see more on this on the EKO-ECO blog ).
If you're a COP10 wonk, you may want to check out videos of from the Convention here , comprehensive coverage by International Institute for Sustainable Development (IISD) , and blog coverage from undercover COP , and Conservation International .
Have biodiversity news you want to share with the world? Like its cousins Climate-L and Forest-L, the new Biodiversity-L listserv has been launched by IISD as a way for practitioners to share info, job postings, etc. peer-to-peer.
Although you may just be getting over the jet-lag from travel to Nagoya, if you're US-based you may want to check out the upcoming ACES Conference in New Mexico, from Dec. 6 -9.
The CBD COP10 was used as a world spotlight to launch many reports and initiatives. See below for summaries of these as well as news from the broader world of biodiversity markets.
—The Ecosystem Marketplace Team
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