On the eve of the commencement of the high level segment of the conference of Parties-11 (COP-11), four documents on strategic planning, resource mobilisation, biodiversity and livelihoods, marine and coastal biodiversity as well as early adoption of Nagoya Protocol were adopted by the parties at the conference.
The prime minister’s visit on Tuesday at the conference will pave the way for important declarations by the Indian government on the adoption of Nagoya Protocol and achievement of Aichi targets to conserve biodiversity. Senior officials said that the Indian government is likely to set a precedent by pledging financial assistance at a global level.
“India is currently investing a sum of `11,000 crore in conservation of biodiversity directly or indirectly. The important factor to look at is not only the mobilisation of financial resources but also the approach to bring into effect the mobilisation,” said additional secretary of the ministry of environment and forests, M.F Farooqui, adding that projects such as MGNREGS and National Tiger Conservation Authority’s measures have an impact on conservation of biodiversity.