Editorial: La Vanguardia

• The COP16 is taking place in Cali, Colombia with representatives from 196 countries addressing biodiversity loss.
• Around a million of the eight million known species of animals and plants are at risk of extinction due to human action.
• The COP15, in Montreal, set key decisions, including the Kunming-Montreal Global Biodiversity Framework, but most have been unfulfilled.
• The pacts included protections for 30% of Earth and another 30% of the ocean, goals that have not been reached.
• The economic ramifications of biodiversity loss could be immense.
• COP16 seeks to establish mechanisms to ensure annual economic contributions from countries to strengthen biodiversity.

Conclusion: It is imperative to define fundraising mechanisms and act quickly to preserve biodiversity, as it is not only an issue of ethical responsibility, but also economic. It is a commitment that requires the collaboration of all countries of the world and public and private sectors.

---