-
Colombia declares three days mourning for quake victims
-
Warholm on track in bid for fourth Euro hurdles gold
-
44 lives lost after ferry capsizes on Zimbabwe's Lake Kariba
-
Erdogan eyes expansion of regional defence pact
-
WallStreetPR Releases Report on China’s Gold Purchases and African Mining Investment
-
Extreme weather, jellyfish knock one-fifth of France's nuclear capacity offline
-
Former Chinese premier Zhu Rongji dies aged 97
-
Skywatchers gather in Europe to see total solar eclipse
-
Markets steady awaiting US inflation data
-
Zhu Rongji, trailblazing ex-premier who transformed China's economy
-
WHO says Trump vaccine shake-up goes against evidence
-
China tech giant Tencent's Q2 profit down as AI push builds
-
Eclipse chasers flock to Spain for 'breathtaking' experience
-
China's C919 jet makes first international commercial flight
-
'To make the civilians leave': Russia pummels Ukraine's petrol stations
-
Mideast war impact on travel bookings fading, TUI says
-
Japan brushes off Australian PM's melon drama
-
Bangladesh get Das fitness boost for daunting Australia task
-
Rod Stewart cancels tour dates after heart surgery
-
One dead, 172 rescued as second ferry in days catches fire in Indonesia
-
How Britain's mapmakers track climate change
-
Foxconn posts quarterly profit surge on AI server demand
-
Australian delivery drivers win 'world-leading' pay rise
-
Hazlewood gets Australia nod ahead of Boland for Bangladesh Test
-
Meta meets its own 'tobacco' moment in court
-
Toyota ex-chief Okuda, pioneer of the Prius, dead at 93
-
Art or medicine? Japan's cosmetic tattoo artists in limbo
-
Colombia rescuers find woman alive as quake death toll passes 200
-
Rybakina ousts Osaka to book Toronto semi-final against Gauff
-
New Zealand PM survives leadership challenge months from election
-
Colombia rescuers find woman alive as quake death toll passes 240
-
Passengers rescued as second ferry in days catches fire in Indonesia
-
Charges dropped against Bondi Beach attack hero
-
Oil prices rise, stocks mixed ahead of crucial US inflation data
-
Parched and desperate for rain, Kazakhstan turns to cloud-seeding
-
UK 'joke' candidate Binface pushes serious point about politics
-
The perfect storm that turbocharged Venezuela's twin quakes
-
New Zealand PM Luxon survives leadership challenge months from election
-
2.4 million girls banned from Afghan schools since Taliban return: UNESCO
-
Cuba celebrates Castro's 100th as his revolution faces its toughest test
-
Colombians dig through rubble as quake death toll surpasses 240
-
Defending champion Shelton rolls into Montreal semis
-
New Zealand's ruling party meets to decide PM Luxon's fate
-
What to know about the total solar eclipse
-
Total solar eclipse to spellbind Europe
-
Tentoglou claims fourth Euro long jump title, injured Jacobs falters
-
Jodar, Nakashima to make Masters semis debuts in Montreal
-
All Blacks knew Nonu would perform solo Haka - coach Rennie
-
Chilean veteran Sanchez signs with MLS club Montreal
-
Britain's Glave upstages Jacobs to win European 100m gold
Still no major progress toward 'peace pact with nature' at COP15
The world had just eight days to seal a historic deal to stem the destruction of nature.
But half way into the COP15 biodiversity talks, there has been no major progress either on increased funding for conservation in developing nations, or towards a pledge to protect 30 percent of the world's land and seas.
The general view is that negotiations will get tough on Thursday, when the environment ministers of the 196 members of the United Nations Convention on Biological Diversity (CBD) will take over from their delegates in Montreal.
But the chances of ending on December 19 with agreement for an ambitious "peace pact with nature" -- 20 objectives to stop the destruction of water, forests and living things by the end of the decade -- will be undermined if the draft agreement remains as it is now.
Despite long hours put in by the 5,000 delegates since December 3, the text is far behind schedule, weighed down by dozens of points still under negotiation.
Only five of the 22 or 23 objectives envisaged have been settled.
"Governments are making progress, but not fast enough to prepare a clean text for the arrival of ministers," said Alfred DeGemmis, a senior official at the Wildlife Conservation Society (WCS).
Time is running out: a million species are threatened with extinction, a third of all land is severely degraded, soil fertility and water purity are compromised, and oceans are threatened by pollution and climate change.
"We are still a long way away. But we are seeing flashes of light at the end of the tunnel," said Marco Lambertini, the head of WWF international, adding that he had observed a "much more constructive engagement" since the start of the talks.
"We see a market emerging where the countries of the South say that they will not agree to commit to strong ambitions without seeing corresponding funding," said Sebastien Treyer, director general of the think tank IDDRI.
Brazil on Saturday reiterated, on behalf of the African continent and 14 other countries including India and Indonesia, their demand for "financial subsidies of at least $100 billion per year or one percent of world GDP until 2030."
- Global Biodiversity Fund -
That increase is deemed unrealistic by rich countries, whose aid earmarked for biodiversity in 2020 amounted to $10 billion.
"If today we are at 10 billion, talking about 100 billion all of a sudden paralyzes the conversation," warned the French envoy to COP15, Sylvie Lemmet, since rich countries have kept to their commitment to double aid development over the previous decade.
The European Union also opposes creation of a new global biodiversity fund, something being called for by several countries at the COP16 in 2024 in Turkey.
That is a solution which the North deems ineffective, preferring instead to push for a reform of global finance, both in the public and private sectors, and a better use of national resources.
They have also argued for the reduction of negative subsidies that adversely affect nature, such as fertilizers and pesticides used in agriculture, something which has been the subject of lively debates with farming powerhouses Brazil and Argentina.
While not part of the negotiation, the United States -- which has not ratified the Convention on Biodiversity -- plays a crucial role in the financial equation likely to unblock any agreement.
"We did replenish the Global Environment Facility this year, the US contribution was bigger than it had ever been," US environment ambassador Monica Medina said Monday.
Looking to remove obstacles, all eyes have turned toward China, which is president of the COP15, but which is considered to be too "wait-and-see" or "passive" by many here.
That criticism was brushed aside by the French ambassador, who lauded a "very involved Chinese presidency" that is "listening to the parties" and which "commits bilaterally."
On Monday, negotiators resumed talks behind closed doors.
"The progress is encouraging"," CBD chief Elizabeth Mrema said, but warned that negotiations remain "a bumpy road."
D.Qudsi--SF-PST