PM sets aside $50 million for biodiversity conservation
17 Oct 2012 5:46 AM IST
India Tuesday announced that a sum of $50 million has been earmarked for the next two years to strengthen institutional mechanisms on biodiversity conservation in the country.
Speaking at the inauguration of the Eleventh Conference of Parties to the Convention on Biological Diversity, Prime Minister Manmohan Singh said: 'As part of Hyderabad Pledge, $50 million will be earmarked during India's presidency of the COP on Biological Diversity to strengthen institutional mechanisms. India stands committed to work with all parties to ... a future that provides ecological and economic space for each one of us,' he said.
On the ongoing debate on environment versus development, the prime minister said: 'In recent years, it has become increasingly more difficult to find common ground on environmental issues. We need inclusive conservation.'
Asking countries to ratify the Nagoya Protocol, the PM said: 'India has recently ratified the Nagoya Protocol and formalised our commitment to it. I would urge all the Parties to do likewise. I am, however, glad that negotiations regarding biodiversity have achieved remarkable success.'
The Nagoya Protocol is an international legally binding treaty that works towards conservation of biological diversity, sustainable use of its components and fair and equitable sharing of benefits arising from genetic resources.
About 15,000 delegates from over 185 countries are attending the 11th meeting of the Conference of Parties [COP11] to the Convention on Biodiversity COP11, which began 8 Oct and will continue till 19 October.
The PM also unveiled a pylon and laid the foundation stone for a biodiversity park and museum here to mark the ongoing global biodiversity meet. The delegates at the conference will plant 300 to 400 rare and endangered plant species in the proposed park which, along with the museum, is being built at a cost of Rs.100 crore. The Andhra govt has earmarked 15 acres of land for the pylon, park and museum in Gachibowli.
Speaking at the inauguration of the Eleventh Conference of Parties to the Convention on Biological Diversity, Prime Minister Manmohan Singh said: 'As part of Hyderabad Pledge, $50 million will be earmarked during India's presidency of the COP on Biological Diversity to strengthen institutional mechanisms. India stands committed to work with all parties to ... a future that provides ecological and economic space for each one of us,' he said.
On the ongoing debate on environment versus development, the prime minister said: 'In recent years, it has become increasingly more difficult to find common ground on environmental issues. We need inclusive conservation.'
Asking countries to ratify the Nagoya Protocol, the PM said: 'India has recently ratified the Nagoya Protocol and formalised our commitment to it. I would urge all the Parties to do likewise. I am, however, glad that negotiations regarding biodiversity have achieved remarkable success.'
The Nagoya Protocol is an international legally binding treaty that works towards conservation of biological diversity, sustainable use of its components and fair and equitable sharing of benefits arising from genetic resources.
About 15,000 delegates from over 185 countries are attending the 11th meeting of the Conference of Parties [COP11] to the Convention on Biodiversity COP11, which began 8 Oct and will continue till 19 October.
The PM also unveiled a pylon and laid the foundation stone for a biodiversity park and museum here to mark the ongoing global biodiversity meet. The delegates at the conference will plant 300 to 400 rare and endangered plant species in the proposed park which, along with the museum, is being built at a cost of Rs.100 crore. The Andhra govt has earmarked 15 acres of land for the pylon, park and museum in Gachibowli.
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