UNDP unveils robust environmental strategy

HYDERABAD: The UN Development Programme (UNDP) on Thursday unveiled a robust environmental strategy to address unprecedented levels of global biodiversity loss.

The new strategy was adopted during the 11th Conference of Parties (COP) to the Convention on Biological Diversity here, a UNDP statement said.

It calls for a significant scaling up of investments in 100 countries by 2020.

As part of the plan, UNDP will work with governments to save biodiversity and manage eco-systems across 1.4 billion hectares of land and bodies of water, comparable to the area of Australia, India and Argentina combined.

"Human survival depends heavily on biodiversity and healthy ecosystems, yet in recent decades, the world has experienced unprecedented biodiversity loss and ecosystem degradation, undermining the very foundations of life on earth," said UN Under-Secretary-General and UNDP Associate Administrator Rebeca Grynspan.

"As 1.2 billion people living in severe poverty depend directly on nature for their basic needs and livelihoods, this needs urgent international attention."

Under this new strategy, UNDP will work with governments to find new ways to finance biodiversity management through domestic revenue, innovative financial mechanisms, and donor funding from a range of sources.

This includes the Global Environment Facility (GEF), which serves as the financial mechanism of the Convention on Biological Diversity and has been a major driver for conservation in the past two decades.

The funding will be used for projects which foster economic growth, create jobs, protect endangered species and habitats, and help build resilient communities that maintain natural areas for agricultural support and as a buffer against natural disasters such as droughts and floods.

UNDP manages the largest portfolio of biodiversity and ecosystems work in the UN system, with 512 projects in 146 countries.

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