Mongabay on Nostr: A new global fund for conservation seeks to make corporations share part of their ...
A new global fund for conservation seeks to make corporations share part of their profits of benefiting from using genetic data from animals, plants or microorganisms in nature.
Named the Cali Fund, the new finance mechanism was born out of the recently concluded United Nations Convention on Biological Diversity summit, or COP16, held in Cali, Colombia. The fund is expected to raise up to $1 billion yearly for conserving biodiversity.
By Kristine Sabillo
https://news.mongabay.com/short-article/2024/11/new-cali-fund-plans-to-make-companies-pay-for-benefiting-from-nature/
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Named the Cali Fund, the new finance mechanism was born out of the recently concluded United Nations Convention on Biological Diversity summit, or COP16, held in Cali, Colombia. The fund is expected to raise up to $1 billion yearly for conserving biodiversity.
By Kristine Sabillo
https://news.mongabay.com/short-article/2024/11/new-cali-fund-plans-to-make-companies-pay-for-benefiting-from-nature/
#News