China sets up $233 million Kunming Biodiversity fund

rawan239

2 years ago

China pledged to inject $233 million into a new fund called Kunming Fund for the protection of biodiversity in developing countries, recently.

This decision was taken during a key UN conservation summit, even though major donors disagreed on it.

China pledged as

448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

it the worlds biggest polluter and seeks to play a prominent role internationally on Biodiversity conservation.

The funding issue for the Kunming Biodiversity Fund will be taken up in January 2022 at negotiations in Geneva. Chinas pledge is below the $4 billion committed by Britain for conservation projects across the world as well as Frances commitment to spend 30 percent of its Climate finance on protection of biodiversity.