China’s Xi launches $232 mln biodiversity protection fund for developing countries
Chinese President Xi Jinping announced the launch of a 1.5 billion yuan ($232.47 million) fund on Tuesday to support biodiversity protection in developing countries, as talks continue on a new post-2020 global pact to tackle species loss.
Xi was virtually addressing the COP15 biodiversity summit in Kunming, China, where diplomats, scientists, and conservationists are meeting to lay the groundwork for a global agreement to halt and reverse the destruction of nature, set to be finalised in May next year.
David Stanway; Writing by Kanupriya Kapoor; Editing by Raju Gopalakrishnan
