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Armenia, a mountainous, landlocked country in the South Caucasus, is one of the most vulnerable countries in Europe and Central Asia to climate change. The nation’s average temperature has risen by more than 1.2°C since 1929, and changing climatic patterns have caused the degradation of important landscapes, including watersheds and wetlands.

At the UN Biodiversity Conference (COP15), 23 countries and organizations, led by Colombia and supported by Germany, launched a partnership to accelerate country-led implementation of the Kunming-Montreal Global Biodiversity Framework, adopted at the meeting.

Twenty-three sports organisations, including the International Olympic Committee (IOC) as a founding partner, and the Organising Committee for the Olympic and Paralympic Games Paris 2024, signed the first-ever Sports for Nature Framework today. Signatories pledge to adhere to four key principles that will safeguard nature and contribute to the new global goals for biodiversity, which governments are expected to agree to later this week at the UN Biodiversity Convention (COP15) in Montreal.

The European Paper Packaging Alliance (EPPA) is concerned about the proposal that the Commission put on the table today because it is not supported by scientific evidence and it is not focused on solutions that achieve the best environmental outcome. On the contrary, the proposal goes against the CO2 reduction target set by the Commission within the EU Green Deal and accelerate water stress and resource depletion.

Amid recession fears, business leaders cite survival and expansion as their top challenge in a global survey of 800 executives of SMEs and mid-sized companies
SMEs are the backbone of the global economy, creating close to 70% of jobs and GDP worldwide
World Economic Forum report highlights opportunities for boosting future readiness of SMEs

To support the essential contribution that rural people make to preserve ecosystems, the UN’s International Fund for Agricultural Development (IFAD) will remunerate rural communities and small-scale producers for their environmental work through a Payment for Ecosystem Services (PES) projects. Today at COP27 Germany pledged to contribute to the project by providing an additional EUR 15 million to IFAD's Enhanced Adaptation for Smallholder Agriculture Programme (ASAP+).

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