Protected areas (PAs) and other effective area-based conservation measures (OECMs) are a cornerstone of biodiversity conservation that provide co-benefits for achievement of the SDGs, in support of a nature-positive future. This report presents the global status of PAs and OECMs and opportunities for action, focusing on coverage and quality elements of effective management and equitable governance. Recognition is given to Indigenous Peoples' territories and the need to secure tenure rights, as well as embed PAs and OECMs into national policies and frameworks.