India, July 27 -- The draft of the first global assessment of the progress towards the Kunming Montreal Global Biodiversity Framework (KMGBF) suggests that the world is not on track to meet the targets set under the Framework.

The assessment shows that progress towards only one target - Target 8 - is on track. But even here, parties acknowledged that it is not being made at a sufficient rate. This pertains to minimising the impacts of climate change on biodiversity and building resilience. Others, like Target 19 on financing (mobilise at least $200 billion per year for global biodiversity by 2030), are not doing very well.

The draft will be discussed at the two meetings crucial for biodiversity that are underway in Nairobi.

The Subsidi...