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There is an urgent need to create a new and dedicated fund to help developing countries successfully implement a post-2020 global framework to halt and reverse biodiversity loss, India has said at the UN biodiversity conference in Canadas Montreal.It has also said that conservation of biodiversity must also be based on Common but Differentiated Responsibilities and Respective Capabilities CBDR as climate change also impacts nature.

There is a need to create a new and dedicated mechanism for the provision of financial resources to developing-country parties, says Bhupender Yadav

As the 196 parties to the Convention on Biological Diversity CBD finalise negotiations for a post-2020 Global Biodiversity Framework GBF -- a new set of goals and targets to halt and reverse biodiversity loss -- there have been repeated calls for the inclusion of the CBDR principle in finance-related targets.Addressing the stocktaking plenary at CBD COP15, Union Environment Minister Bhupender Yadav said the successful implementation of a post-2020 GBF will depend on the ways and means we put in place for an equally ambitious Resource Mobilisation Mechanism.

Goals and targets set in Global Biodiversity Framework should be ambitious, yet realistic and practical, said Union Minister Bhupendra Yadav on Sunday.

Union Minister for Environment, Forest and Climate Change Bhupender Yadav on Sunday said that the goals and targets set in the Global Biodiversity Framework sho