Current Affairs - Environment - Discussion
Discussion Forum : Environment - Latest Current Affairs (Q.No. 25)
25.
What is the name of the fund launched to boost biodiversity finance?
Answer: Option
Explanation:
The Cali Fund was launched at COP16 in Rome on February 25, 2025, to gather contributions from businesses using Digital Sequence Information (DSI) like genetic data. The fund is dedicated to supporting biodiversity conservation, with a focus on directing at least 50% of its resources to indigenous peoples and local communities. Managed by the UNDP and UNEP, the Cali Fund aims to support various conservation projects to safeguard biodiversity globally.
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