UN Secretary-General Antonio Guterres on Tuesday slammed multinational corporations for turning the world’s ecosystems into “playthings of profit” and warned failure to correct course would lead to catastrophic results.
MONTREAL, Canada- “With our bottomless appetite for unchecked and unequal economic growth, humanity has become a weapon of mass extinction,” he said, in a speech ahead of biodiversity talks in Montreal.
Before he took the dais, a group of around half a dozen Indigenous protesters interrupted a speech by Canadian Prime Minister Justin Trudeau, who is co-hosting the event with China. The meeting is not to be confused with another set of UN talks earlier this month, which were on climate and called COP27.Nearly 200 countries have gathered for the December 7-19 meeting in an effort to hammer out a “Paris moment” for nature.
Economic losses from ecosystem degradation, meanwhile, are estimated to stand at $3 trillion annually from 2030. Draft targets for the 10-year framework include a cornerstone pledge to protect 30 percent of the world’s land and seas by 2030, eliminating harmful fishing and agriculture subsidies, tackling invasive species and reducing pesticides.
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