Official Statement
2nd November, 2024
Some issues were advanced at COP16, and COP President Colombia and Parties to the Convention deserve praise for making progress in a difficult negotiating atmosphere, particularly with the historic adoption of a subsidiary body for Indigenous Peoples and Local Communities, which empowers Indigenous peoples and local communities with a greater role in influencing the outcomes of the Convention, and for creating a mechanism that will finally make companies accountable for paying their fair share for the use of biodiversity (by advancing the sharing of benefits derived from the digital sequencing of information from genetic resources with the countries and people where they were acquired, particularly Indigenous peoples and local communities via a newly established Cali Fund).
Read full statement here.