October 31, 2026

Closing statement on the outcomes of CBD COP17

By Forest & Finance

Closing statement by the CBD Alliance, on the outcomes of COP17:

Mr President,

We warmly welcome the decision to realise the promise of Cali to operationalise the

SB8J. The rights of indigenous peoples and local communities are central to the

protection of biodiversity.

At the same time, the Global Review shows that the implementation of the GBF is

dangerously off track. The lack of implementation on Target 22, particularly on

environmental defenders, is further putting communities, territories and ecosystems at

risk.

Importantly, the review has failed to address the underlying structural drivers of

biodiversity loss, the elephants in the room.

The international economic and financial system compels countries in the Global

South to prioritise financial stability and debt servicing at the expense of sustainable

development, resulting in increased extractivism. .

Public and private capital flows into destructive extractivism remain unregulated.

Corporate legal regimes allow investors and companies to sue governments for billions.

simply for strengthening biodiversity regulation.

Marketisation of biodiversity through offsets, credits and other mechanisms turn living

territories into tradeable assets, and create permissions to destroy. Biodiversity cannot

be offset, and communities’ rights cannot be traded away.

These structural drivers rest on systems of exploitation and injustice. Their roots are also

colonial. Developed countries bear historical and continuing responsibility for global

ecological breakdown and must pay the ecological debt owed to developing countries

and their peoples.

The multilateral mechanism must not become another route for extracting, digitising and

commercialising genetic resources from the Global South without accountability, prior

informed consent or fair and equitable benefit-sharing. Provider countries, Indigenous

Peoples and local communities must have a real voice in decisions on how DSI is

generated, accessed, governed and used.

Finally, climate change is accelerating biodiversity loss, through worsening fires,

droughts and floods. Yet climate action itself can cause harm when it is carbon-centric,

ignores biodiversity and overrides human rights. This COP could have adopted effective

safeguards to ensure that mitigation action protects nature and respects human rights;

unfortunately this has been postponed.

COP17 will be judged by whether it begins to confront the systems driving extinction, and

whether it delivers justice to those who protect biodiversity, while bearing the greatest

costs of its destruction. We call on you to close the justice gap.

The biodiversity crisis is an inequality, impunity and power crisis. Justice, equity, rights

and accountability are not optional additions to implementation. They are its very

foundation.

Thank you.