Cali Fund Launched at CBD COP16 to Boost Biodiversity Finance:
A groundbreaking initiative in global biodiversity conservation was announced on February 25, 2025, with the launch of the Cali Fund at the 16th Conference of Parties (COP16) to the United Nations Convention on Biological Diversity (CBD) in Rome, Italy. This international fund aims to secure financial contributions from private companies that benefit from genetic data in their industries, ensuring they actively participate in biodiversity conservation efforts.The Cali Fund represents a major step towards sustainable biodiversity financing, aligning with the goals of the Kunming-Montreal Global Biodiversity Framework (KMGBF) to halt and reverse biodiversity loss by 2030.
