The United Nations Convention on Biological Diversity (CBD) - signed by 193 countries – has 3 main objectives:
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The conservation of biological diversity
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The sustainable use of the components of biological diversity
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The fair and equitable sharing of the benefits arising out of the utilization of genetic resources
At the 10th Conference of the Parties, held in October 2010, in Nagoya, Japan, a revised and updated Strategic Plan for Biodiversity was adopted, including the Aichi Biodiversity Targets, for the 2011-2020 period.
The 11th meeting of the Conference of the Parties (COP 11) will be held in Hyderabad, India, from 8 to 19 October 2012. The agenda will be dense with a key item being how government parties will respond to the 20 Aichi Biodiversity Targets mentioned above and adapt their National Biodiversity Strategies and Action Plans to support implementation of these new targets. Governments will therefore be focused on public policy reform at the regional, national and sub-national levels, and there is an opportunity for WBCSD to illustrate effective public policy case studies and provide advice on priorities.
The CBD has increasingly considered business as an important stakeholder and has put together a note on its engagement with business for COP11. It has also put together an agenda of business events at the COP.