The Azerbaijan State News Agency

Nagoya biodiversity talks stall on cash and targets

Baku, October 23(AZERTAC). Conservation groups have expressed concern that a major UN conference on nature protection is stalling, with some governments accused of holding the process hostage to their own interest, BBC reports.

Their warning comes halfway through the UN Convention on Biological Diversity (CBD) meeting in Nagoya, Japan.

During negotiations some countries have proposed weaker rather than stronger targets for protection, they say.

Some developing countries say the West is not meeting their concerns.

"The most optimistic assessment is that we have not gone far towards a deal," said Muhtari Aminu-Kano, senior policy advisor with BirdLife International.

"The main reason is that there are several delegations that are not showing the political will needed to break the deadlock here," he told BBC News.

"It`s your usual story - it`s people putting their national interests far above the importance of biodiversity."

Having failed to meet the target set in 2002 of significantly reducing the rate of biodiversity loss by 2010, the draft agreement before this meeting contains a set of 20 targets.

But there is fundamental division between those demanding tough pledges, such as ending biodiversity loss by 2020, and those who argue this is not possible.

Another draft clause calls for a 100-fold increase in international financing on biodiversity, which would be raised principally in industrialised nations and primarily spent in the developing world.

`Shocking and pitiful`

While the main priority for Western nations is to secure tough targets for protecting plants and animals and the habitat they need, developing countries are in general more concerned about international finance, and about an agreement on fair and equitable access to the Earth`s natural genetic resources.

Such an agreement - known as access and benefit sharing (ABS) - was prescribed when the CBD came into existence 18 years ago, but successive attempts to negotiate it have failed.

Developing nations - where most of the planet`s unexplored genetic resources lie - want an equitable share in the profits generated when Western companies develop drugs or other products from plants or anything else that came from their territory.

Some - notably within the African bloc - are insisting that such an agreement should be retrospective, which would imply Western companies would have to pay compensation for products already on the market.

"Some countries are holding everything hostage to resolving ABS," said Sue Lieberman, director of international policy with the Pew Environment Group.

"I`m not saying that`s not important, but if you look at the status of the marine environment, it`s shocking and pitiful to think there might be no progress here at all.

"We`re particularly disappointed in Brazil."

Some governments, she said, were arguing that the CBD should not discuss conservation on the high seas, while others were proposing that only 1% of the world`s coastal waters should be protected.

The existing global target for marine protection is 10%.

Share news on social media

Follow us on social network

American expert: Azerbaijan is really becoming to play a much larger role across the broader region

Another shipment from Russia dispatched to Armenia via Azerbaijan

President Saratoga Foundation: The trajectory of relations between the U.S. and Azerbaijan over the past year has been remarkable

Release of the Press Service of the President

Space Academy of Azercosmos receives IAF Excellence in “3G+” Diversity Award 2026

Thawing Siberia could undercut 20 percent of methane targets by 2050, study warns

Washington Summit that established historical justice and peace in the South Caucasus

Türkiye says Greece's tourism framework carries no legal consequences for Ankara

Japan orders evacuations as Typhoon Dolphin approaches, cancels 500 flights

Iranian Minister of Sports and Youth visits Baku Aquatic Palace

Turkish president says Mecca Joint Defense Agreement targets no country, open to other friendly nations

“Khojaly Encyclopedia” presented - shedding light on history

Top stories update

Spanish police dismantle major Mediterranean migrant and drugs smuggling network

FAO Food Price Index edges higher in July on stronger crop prices

Bulgaria records EU’s largest increase in government R&D budget allocations per capita since 2015

® Birbank Biznes offers up to 5% discount on micro business loans

® Fitch has once again upgraded ABB Bank’s ratings!

Artificial Intelligence used to design brand new viruses

Low Danube water levels in Bulgaria expose Roman-era bridge

Azerbaijan, Iran approve Action Plan in youth and sports

Azerbaijan’s Milli Majlis, Inter-Parliamentary Speakers’ Conference explore cooperation

Admission plan for BEU-INHA DDP filled 100 percent

Beijing deploys 72 robot ‘employees’ across city parks amid high temperatures

® PASHA Holding successfully continues "Fərqindəlik" ("Awareness") project launched in 2025

China adds nearly 20 tons of gold to reserves in July

Azerbaijan Army servicemen participate in Proficiency Level Assessment Examinations

Europe's gas storage falls to lowest August level since 2011

Man Utd confirm Altay Bayindir exit as Celta Vigo loan deal includes permanent transfer clause

Azerbaijan sets up Organizing Committee for International Investment Forum to take place in Baku – ORDER

® Azercell launches an annual subscription for ZengimCELL service

Baku to host international badminton tournament

Meta fined $567m in largest child safety ruling against social media giant

Azerbaijani Economy minister highlights SOCAR Carbamide as important example of successful digital transformation

Azerbaijan’s State Oil Fund invests alongside I Squared Capital in Inkia, Peru's largest independent power producer

John van 't Schip to take helm of Kazakhstan’s national football team

European wildfires cause up to $22B in total damage

Türkiye, Saudi Arabia, Pakistan to sign trilateral defense agreement

Bad news for rice lovers: Climate change is cutting rice harvests

Top stories update

Azeri Light sells for $93.37

At least 7 dead in Thai school shooting

Oil prices rise on global markets

Protesters march in Buenos Aires against Argentina's private property bill

Azerbaijani FM meets with Ukrainian President

Vinicius Jr and Real Madrid agree new six-year deal

Jeyhun Bayramov informed Ukrainian President on post-conflict realities in the South Caucasus

Top stories update

Munich car-ramming attacker sentenced to life in prison

UK clears Paramount’s stalled $110B Warner Bros. Discovery takeover

Real Madrid sign Diomande from RB Leipzig

Number of Azerbaijani nationals working for bp disclosed

Azerbaijan, US explore global economy trends

Lebanon, Israel begin final day of 7th round of negotiations in Rome

Azerbaijan, FIDE explore enhancing cooperation

Trabzonspor sign Salah on blockbuster 2-year deal

Butterflies are rapidly changing where they live as climate changes

bp spent about $0.9 million on various social and sponsorship projects in Azerbaijan in first half of 2026

BEU graduate awarded prestigious Chevening scholarship

Processing of data acquired during survey for Garabagh field currently underway

24 wells drilled for Shahdeniz 2 project to date, bp says

Trump tells donors, ‘We need to elect JD,’ in 2028 presidential election: Report

Shah Deniz field produces around 14 billion standard cubic meters of gas and 2 million tons of condensate in first half of 2026

AFFA official appointed UEFA delegate for Europa League qualifier

During first half, SCP`s daily average export throughput was 63.7 million cubic metres of gas per day

Turkish media representatives visit Aghdam Industrial Park

® Order your Birbank Star card today and enjoy commission-free cash withdrawals                    

bp: Further evaluation of the Shafag-Asiman block is required

BTC pipeline transported more than in 4.7 billion barrels of oil to world markets since its commissioning

Azerbaijan's digital governance model receives two international awards in UK

Sangachal terminal exported around 97 million barrels of oil and condensate in six months

Construction activities for Shafag project expected to continue through mid-2027.

Three Tottenham exits close as Atletico Madrid into pole position to sign Romero after hijack

Azerbaijan received 2 billion cubic meters of associated gas from ACG in first half of year

Most-detailed-ever image of sun reveals roiling waves for first time

ACG completed drilling of seven oil producer and two gas injector wells in first six months

Installation of Trans-Caspian fiber-optic cable on seabed of Caspian Sea completed

FM Bayramov: We also would be happy to provide gas also to friendly Ukraine, in case of necessity

Hormuz disruption pushes LNG shipping costs to highest levels since 2022: Report

First 2026 issue of English-language IRS-Heritage magazine published

Microbiome-based therapy may increase peanut allergy tolerance in adults

Azeri-Chirag-Gunashli produced 59 million barrels during first half of 2026

Pakistan prioritizes stronger relations with Russia, Armenia, Azerbaijan — envoy

Azerbaijani Foreign Minister visits Ukrainian city of Irpin

Ukrainian FM: We are deeply saddened by the death of Azerbaijani citizens in the Black Sea

Andrii Sybiha: From an energy security perspective, Azerbaijan holds strategic importance for the entire European continent

Verdict announced in appellate court on appeals of Armenian citizens

Another shipment from Russia dispatched to Armenia via Azerbaijan

UNEC scholar’s analytical article on Garabagh published by leading Korean think tank

Ashigbayramli Lake – a new tourism gem of Ismayilli district VIDEO

Ashigbayramli Lake – a new tourism gem of Ismayilli district VIDEO

Top stories update

Court of Appeal continues hearings on appeals filed by Armenian citizens

Azerbaijani, Ukrainian FMs discuss bilateral relations and regional situation

Organizing Committee for 2027 FIFA U-15 and U-20 Men's World Cups convenes for meeting

Gold and silver prices surge on global markets

Trump says he prefers deal with Iran but warns military action remains an option

Azerbaijani FM embarks on official visit to Ukraine VIDEO

Azerbaijani FM embarks on official visit to Ukraine VIDEO

Oil prices decline in global markets

Azeri Light sells for $91.04

Head of State Tax Service: There is currently no indication of activity reverting to the shadow economy