{"id":116871,"date":"2024-03-28T08:59:32","date_gmt":"2024-03-28T03:29:32","guid":{"rendered":"https:\/\/www.icsf.net\/?post_type=newss&p=116871"},"modified":"2024-03-28T08:59:32","modified_gmt":"2024-03-28T03:29:32","slug":"monaco-blue-initiative-highlights-role-of-collaboration-co-development","status":"publish","type":"newss","link":"https:\/\/www.icsf.net\/newss\/monaco-blue-initiative-highlights-role-of-collaboration-co-development\/","title":{"rendered":"Monaco Blue Initiative highlights role of collaboration, co-development"},"content":{"rendered":"

The 15th edition of the Monaco Blue Initiative (MBI 15) reflected on how to accomplish the urgent tasks for 2024, including progressing on ratification of the UN treaty on the conservation and sustainable use of biodiversity beyond national jurisdiction (BBNJ Agreement), delivering on the objectives of the Kunming-Montreal Global Biodiversity Framework (GBF) by 2030, and addressing challenges like deep seabed mining.<\/p>\n

The meeting also discussed how to overcome setbacks like the failure by members of the World Trade Organization (WTO) to agree on a second phase of the Agreement on Fisheries Subsidies.<\/p>\n

According to the\u00a0Earth Negotiations Bulletin (ENB)\u00a0summary report, the meeting brought together more than 160 participants from international organizations, governments, the private sector, financial and scientific institutions, and civil society. They discussed steps to realize recent achievements in global Ocean protection, with many pointing to the role of the private sector and Indigenous and local communities and calling for collaboration and co-development, to help mainstream sustainable blue innovations in the economy. Speakers stressed \u201cthe need to base these innovations on solid scientific, as well as practical, knowledge,\u201d\u00a0ENB\u00a0reports.<\/p>\n

MBI 15\u2019s three sessions addressed the following topics:<\/p>\n