The Ministerial Group at the ongoing International Conference on Biodiversity in Hyderabad has taken up today the issue of resource mobilization to find a way forward as consensus eluded so far among the member countries.

The Group comprising 77 ministers representing different regions of the world is studying the report given by the Contact Group on the contentious issue that dominated deliberations from the beginning.

UN spokesperson David Ainsworth told media this morning that the Ministerial Group will be finalizing the issue and deciding ways and means to mobilize resources from the member countries to achieve the Global Biodiversity Targets by 2020.

As the conference is coming to a close by this evening, the representatives of the member countries are engaged in hectic deliberations to give a final shape to the decisions of the CoP11.

He said 28 documents relating to various aspects of biodiversity conservation were finalized to be adopted at the plenary this evening.

For the first time, the participant countries discussed threadbare the ways and means to involve business community in the achieving biodiversity targets and also on how to scale up capacity building among member countries.

A total of 14,400 delegates from 184 countries took part in the Biodiversity Conference that began on 1st of this month. India hosted this event for the first time and will hold the presidency of the Convention on Biodiversity for the next two years.