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'A peace pact with nature': More than 190 countries sign 'historic' agreement at Montreal summit

Web Desk 07:35 PM | 19 Dec, 2022
'A peace pact with nature': More than 190 countries sign 'historic' agreement at Montreal summit
Source: UN Biodiversity (Twitter)

MONTREAL – More than 190 countries have signed a landmark agreement to protect nature at the United Nations’ biodiversity conference, COP15, in Canada.

The pact, called "Kunming-Montreal Agreement", include nearly two dozen goals, including tackling the biodiversity crisis. It also include a pledge to protect 30% of land and oceans by 2030 as only 17% of land and 10% of oceans are currently considered protected.

Under the agreement, financial support will be extended to the developing countries to prevent biodiversity loss. The new agreement has been compared to the Paris Agreement's commitment to keeping global warming below 1.5C.

The countries have vowed to take measures to protect the species, which are near to extinction due to  human activities.

The development comes on the heels of massive warnings from the scientists that irresponsible human activities are leading to Earth’s sixth mass extinction event.

The Kunming-Montreal agreement does not make the countries legally bound but they will be required to show their performance for protection of biodiversity.

https://twitter.com/UNBiodiversity/status/1604769100139757573

In a statement issued at the COP15 Closing Plenary, UNEP Executive Director Inger Andersen urged that success of the framework will be measured by rapid and consistent progress in implementing the agreement.

“I welcome the adoption of the Kunming-Montreal Global Biodiversity Framework today. The adoption of this Framework and the associated package of ambitious targets, goals and financing represents but a first step in resetting our relationship with the natural world,” said Andersen.

“Success will be measured by our rapid and consistent progress in implementing, what we have agreed to. The entire United Nations System is geared to support its implementation so that we can truly make peace with nature.”  

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Daily Pakistan Global Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 21, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 21, 2023 (Tuesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.15 286.15
Euro EUR 298.5 301.5
UK Pound Sterling GBP 340.5 344
U.A.E Dirham AED 77.25 78
Saudi Riyal SAR 75.2 76
Australian Dollar AUD 187 189.4
Bahrain Dinar BHD 749.54 757.54
Canadian Dollar CAD 207.5 209.5
China Yuan CNY 40.91 41.31
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.9 36.25
Indian Rupee INR 3.41 3.52
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 916.88 925.88
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 176.66 178.6
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 732.14 740.14
Qatari Riyal ‎QAR 77.42 78.12
Singapore Dollar SGD 207.5 209.5
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 305.25 307.78
Thai Bhat THB 8.26 8.41

Today's gold rates in Pakistan – 21 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 204,700 on Tuesday.The price of 10 grams of 24k gold was recorded at Rs175,500.  

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,849.  

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 204,700 PKR 2,390
Karachi PKR 204,700 PKR 2,390
Islamabad PKR 204,700 PKR 2,390
Peshawar PKR 204,700 PKR 2,390
Quetta PKR 204,700 PKR 2,390
Sialkot PKR 204,700 PKR 2,390
Attock PKR 204,700 PKR 2,390
Gujranwala PKR 204,700 PKR 2,390
Jehlum PKR 204,700 PKR 2,390
Multan PKR 204,700 PKR 2,390
Bahawalpur PKR 204,700 PKR 2,390
Gujrat PKR 204,700 PKR 2,390
Nawabshah PKR 204,700 PKR 2,390
Chakwal PKR 204,700 PKR 2,390
Hyderabad PKR 204,700 PKR 2,390
Nowshehra PKR 204,700 PKR 2,390
Sargodha PKR 204,700 PKR 2,390
Faisalabad PKR 204,700 PKR 2,390
Mirpur PKR 204,700 PKR 2,390

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