Photo caption: High-Level Panel during the Target 18 event. From Left: Valerie Hickey of the World Bank; Carlos Eduardo Correa, Colombia’s former minister of environment and sustainable development; Patricia Zurita of Conservation International; Eva Zabey of Business for Nature; Prasad Ananthakrishnan of the International Monetary Fund; and Moderator Rosina Bierbaum, STAP Chair. Photo: Justin Catanoso for Mongabay.
CALI, Colombia — Prof. Rosina Bierbaum, Chair of the Scientific and Technical Advisory Panel (STAP) of the Global Environment Facility (GEF) moderated a day-long event on Target 18 of the Kunming-Montreal Global Biodiversity Framework. Target 18 seeks to reduce harmful incentives by at least $500 billion per year, and scale up positive incentives for biodiversity by 2030.
The full-day event, organized by the Global Environment Facility, brought the issue of harmful subsidies into focus at the ongoing 16th Conference of the Parties under the Convention on Biological Diversity (CBD COP 16). It brought together policymakers, stakeholders, and experts, to discuss how policies can be aligned to achieve the target.
The event featured several sessions, including stage setting by the GEF Director of Strategy and Operations, Claude Gascon, a keynote speech by Barry Gardiner, Member of Parliament, UK, a High-Level Panel, and parallel sessions focused on agriculture, fisheries, sources of finance and private sector leadership.
Read more about the event from IISD Earth Negotiation Bulletin and Mongabay Environmental Journalism and Education.
