EPISODE · Feb 6, 2023 · 5 MIN
[Outlook-in-Five] COP 15, Biodiversity
from Bank of Singapore · host Bank of Singapore
Last month, the United Nations Biodiversity Conference (COP15) ended in Montreal with a landmark agreement to guide global action on nature through to 2030. Chaired by China and hosted by Canada, COP15 resulted in the adoption of the Kunming-Montreal Global Biodiversity Framework. One of the key targets of the agreement is the “30 by 30 deal”, which seeks to ensure the effective conservation and management of at least 30% of terrestrial, inland water, and coastal and marine areas by 2030. It also targets the restoration of at least 30% of degraded ecosystems. This marks the largest land and ocean conservation commitment in history, and will have major positive impacts for wildlife, for addressing climate change, and for securing the services that nature provides to people like clean water and pollination for crop. In this episode, we hear from Low Pei Han, senior investment strategist at Bank of Singapore, as she shares the key highlights of the agreement, and the resulting implications for investors. Tune in to find out more.
What this episode covers
Last month, the United Nations Biodiversity Conference (COP15) ended in Montreal with a landmark agreement to guide global action on nature through to 2030. Chaired by China and hosted by Canada, COP15 resulted in the adoption of the Kunming-Montreal Global Biodiversity Framework. One of the key targets of the agreement is the “30 by 30 deal”, which seeks to ensure the effective conservation and management of at least 30% of terrestrial, inland water, and coastal and marine areas by 2030. It also targets the restoration of at least 30% of degraded ecosystems. This marks the largest land and ocean conservation commitment in history, and will have major positive impacts for wildlife, for addressing climate change, and for securing the services that nature provides to people like clean water and pollination for crop. In this episode, we hear from Low Pei Han, senior investment strategist at Bank of Singapore, as she shares the key highlights of the agreement, and the resulting implications for investors. Tune in to find out more.
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[Outlook-in-Five] COP 15, Biodiversity
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