TNPSC Thervupettagam

Kunming Biodiversity Fund

October 18 , 2021 1269 days 857 0
  • China pledged to inject $233 million into a new fund called the “Kunming Biodiversity Fund” recently.
  • It is for the protection of biodiversity in developing countries.
  • This decision was taken during a key UN conservation summit, even though major donors disagreed on it.
  • China pledged as it is the world’s biggest polluter and seeks to play a prominent role internationally in biodiversity conservation.
  • This summit seeks to establish a new accord, setting targets for 2030 and 2050.

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