I welcome the positive outcome of the global biodiversity negotiations in Rome. An agreement has been reached on all outstanding issues. We have secured a global roadmap to support financing for biodiversity beyond 2030. This is proof that multilateralism works, despite a difficult international geopolitical context and multiple global challenges. The ecological and economic case for cooperation remains clear-cut.
Declining biodiversity is a pressing global problem, worsening the impacts of climate change, and destroying people's livelihoods. Half of global GDP depends on nature. Global cooperation on biodiversity has always been and will always be important for our economies, our health and our environment.
Working closely together, all Parties agreed on a roadmap for the mobilisation of resources to close the biodiversity financing gap. Agreement was also reached on the monitoring framework and the procedures for the global review of implementation of the Global Biodiversity Framework at the next COP17 Global Biodiversity Conference.
The newly established Cali Fund was also launched. Now, companies benefiting from digital sequence information on genetic resources can share some of the proceeds with biodiverse countries of origin, with half of the fund allocated to Indigenous Peoples and local communities.
These achievements show that despite a fragmented geopolitical landscape, the global community chose to come together to halt and reverse biodiversity loss. And we all did this with a spirit of compromise, openness and flexibility.
It is crucial that we build on the good work done and maintain momentum to implement the Global Biodiversity Framework. Countries around the world embarked on such implementation by revising their national biodiversity strategies and action plans and setting national targets. This momentum should continue.
The EU will continue working with countries worldwide, to find solutions and continue implementing this historic agreement until 2030 and beyond.
