The Cali Fund, set up to raise $1bn a year for biodiversity from drug companies, remains near empty
Big pharmaceutical companies have been accused of “free-riding on nature”, after a landmark biodiversity fund that invites businesses to put some of their profits back into conservation was left virtually empty.
The Cali Fund set out to raise $1bn (£750m) annually, by asking companies that profit from nature’s genetics to contribute towards conservation in low-income countries. But more than 18 months after the fund was launched, it remains far below this target.
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© Photograph: Rebecca Cole/The Guardian
© Photograph: Rebecca Cole/The Guardian
© Photograph: Rebecca Cole/The Guardian
The Cali Fund, set up to raise $1bn a year for biodiversity from drug companies, remains near empty
Big pharmaceutical companies have been accused of “free-riding on nature”, after a landmark biodiversity fund that invites businesses to put some of their profits back into conservation was left virtually empty.
The Cali Fund set out to raise $1bn (£750m) annually, by asking companies that profit from nature’s genetics to contribute towards conservation in low-income countries. But more than 18 months after the fund was launched, it remains far below this target.
Continue reading...
© Photograph: Rebecca Cole/The Guardian
© Photograph: Rebecca Cole/The Guardian
© Photograph: Rebecca Cole/The Guardian
China’s Ministry of Ecology and Environment said on Wednesday that it will send a delegation to the COP31 climate conference in Antalya, Turkey, in November to “actively promote the international climate negotiations.”
The post World’s Worst Polluter, China, Vows Strong Presence at U.N. Climate Alarmism Summit appeared first on Breitbart.
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