The outcome left African and Latin American nations furious and prompted some to refuse to engage on other biodiversity issues.
The countries that opposed it were the European Union, Japan, Canada, Australia, New Zealand, Norway and Switzerland. I feel that these countries are not notorious for causing environmental destruction so I’d be interested in hearing their side of the argument. It just says in the article that they didn’t think it would help raise more money and would make things more complicated.
Switzerland based companies control 60% of the global mineral trade, so there you have our incentive.
And Australia rips up its resources to sell abroad, such as exporting brown coal.
We’re a nation built entirely on resource extraction, with some financial sector on the side.
