Norway to lead negotiations on nature finance at COP17 in Armenia
Published
Norway is taking on an important role at the UN nature conference COP17 in Armenia. Climate and Environment Minister Sigrun Aasland will lead the negotiations on nature finance, meaning how countries and organisations should fund efforts to protect nature and biological diversity.
Nature finance is about money for measures to stop the loss of species and the destruction of nature. Many countries, particularly developing countries, believe they need more support to look after forests, oceans and other natural areas. For this reason, the question of who pays, and how much, is one of the most important topics at the conference.
That Norway is being given a leading position shows that the country plays a central role in international environmental work. Norway has long provided support for nature conservation in other countries, and the government now wants to draw on this experience in the negotiations. The aim is to reach shared solutions that many countries can accept.
COP17 is part of the work under the UN Convention on Biological Diversity. The conference brings together representatives from many countries, who will discuss how the world's nature can be protected in the long term. The outcomes of the negotiations will matter both for international politics and for Norwegian priorities in the years ahead.
Sources: Traders Union
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