Takeaways for Hong Kong from the hit-and-miss Cop16 nature summit
A nature-inclusive Hong Kong would attract talent and investment. The city’s government must mainstream biodiversity across sectors

While an agreement on a new Cali fund to share the revenue derived from “digital sequence information”, or genetic data from nature, with indigenous communities is a step forward, it is worrying that wider negotiations for nature funding were suspended. Without a solid finance strategy, the Kunming-Montreal Global Biodiversity Framework agreed at Cop15 faces an uncertain future, given that developed nations have fallen behind on their commitment to contribute US$20 billion annually to help developing countries with biodiversity efforts by 2025.
Cop16 made progress in two other areas. In a shift towards a whole-of-society approach, a “Mainstreaming Champions Group” of nations was formed to mainstream biodiversity across sectors, while a permanent body was created for indigenous communities to consult on UN biodiversity decisions.
