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The Convention on Biological Diversity (CBD) is the international legal instrument for "the conservation of biological diversity, the sustainable use of its components and the fair and equitable sharing of the benefits arising out of the utilization of genetic resources" that has been ratified by 196 nations.
The Cabinet meeting was held on July 02, 2024. The BBNJ Agreement, or the 'High Seas Treaty', is an international treaty under the United Nations Convention on the Law of the Sea (UNCLOS). It aims to address the growing concerns over the long-term protection of marine biodiversity in the high seas.
The Convention on Biological Diversity (CBD) is the international legal instrument for "the conservation of biological diversity, the sustainable use of its components and the fair and equitable sharing of the benefits arising out of the utilization of genetic resources" that has been ratified by 196 nations.
The International Union for Conservation of Nature (IUCN) defines biodiversity as “the variability among living organisms from all sources including, inter alia, terrestrial, marine and other aquatic ecosystems and the ecological complexes of which they are part.
The UN Convention on Biological Diversity (CBD), which entered into force in 1993, promotes the conservation of biodiversity, the sustainable use of its components, and the fair and equitable sharing of benefits. The CBD is the most important and encompassing international agreement in the field of biodiversity.
The Agreement is open for signature by all States and regional economic integration organizations from 20 September 2023 to 20 September 2025, and will enter into force 120 days after the date of deposit of the sixtieth instrument of ratification, approval, acceptance or accession.
The new legally binding international instrument on the conservation and sustainable use of marine biological diversity in areas beyond national jurisdiction - known as 'BBNJ' - was adopted on 19 June, at the United Nations headquarters in New York, United States.
The 2022 Global Biodiversity Framework also set 23 targets for 2030 for all signatory countries. These include a target of achieving effective conservation and management of at least 30% of land and sea by 2030, usually referred to as '30 by 30'.
The United Nations Convention on the Law of the Sea (UNCLOS) provides the legal framework within which all activities in the oceans and seas must be carried out, including for the conservation and sustainable use of marine biodiversity beyond areas of national jurisdiction.
As one of the key agreements adopted at the 1992 Rio Earth Summit, the Convention on Biological Diversity represents a formal commitment by the vast majority of the world's governments to maintain the planet's ecological underpinnings.