A global initiative popularly known as ‘30 x 30 target’ is often seen in the news. Which one of the following statements best reflects this initiative ?

The '30x30 target' is a global initiative that aims to protect at least 30% of the Earth's land and ocean area by the year 2030. This ambitious goal was formally adopted as Target 3 over the Kunming-Montreal Global Biodiversity Framework (GBF) during the COP15 of the Convention on Biological Diversity (CBD). The initiative focuses on biodiversity conservation through the establishment of protected areas and other effective area-based conservation measures (OECM). While some snippets mention a 30% reduction in methane emissions , the specific '30x30' branding is synonymous with the biodiversity target to halt the loss of nature. It emphasizes in-situ conservation strategies [1] to ensure the long-term survival of ecosystems and species. The target is a response to the accelerating rate of species extinction and the degradation of natural habitats globally, seeking to preserve ecological integrity and ecosystem services.

Sources

1. [1] Environment and Ecology, Majid Hussain (Access publishing 3rd ed.) > Chapter 4: BIODIVERSITY > In-situ and Ex-situ conservation > p. 30