{"id":328230,"date":"2025-02-28T16:34:27","date_gmt":"2025-02-28T11:04:27","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=328230"},"modified":"2025-02-28T16:34:27","modified_gmt":"2025-02-28T11:04:27","slug":"cali-fund","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cali-fund\/","title":{"rendered":"Cali Fund"},"content":{"rendered":"<p dir=\"ltr\"><strong>News:<\/strong> The \u2018Cali Fund\u2019 was launched recently at the CBD COP16 in Rome.<\/p>\n<h2 class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\">About Cali Fund <\/span><\/h2>\n<ul>\n<li class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\">The <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">Cali Fund<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0was launched on <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">February 25, 2025<\/strong><\/b><b><strong class=\"selectable-text copyable-text false x117nqv4\"> at the 16th Conference of Parties (COP16) to the United Nations Convention on Biological Diversity (CBD)<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0in <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">Rome<\/strong><\/b><span class=\"selectable-text copyable-text false\">. <\/span><\/li>\n<li class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\"><strong>Aim:<\/strong> The fund aims to <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">boost biodiversity finance<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0by collecting contributions from businesses that use <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">genetic data from nature<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0in their products and research.<\/span><\/li>\n<li dir=\"ltr\"><span class=\"selectable-text copyable-text false\">The <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">Cali Fund<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0is the <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">first global biodiversity fund under the UN<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0to receive direct contributions from businesses that benefit from biodiversity.<\/span><\/li>\n<li dir=\"ltr\"><b><strong class=\"selectable-text copyable-text false x117nqv4\">The United Nations Development Programme (UNDP) and the United Nations Environment Programme (UNEP)<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0will be responsible for managing the fund, while the <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">Multi-Partner Trust Fund Office (MPTFO)<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0will handle administrative tasks.<\/span><\/li>\n<li class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\">It will receive money from industries that rely on <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">Digital Sequence Information (DSI)<\/strong><\/b><b><strong class=\"selectable-text copyable-text false x117nqv4\">, which includes genetic data from plants, animals, and microorganisms<\/strong><\/b><b><strong class=\"selectable-text copyable-text false x117nqv4\">. Companies in pharmaceuticals, cosmetics, agriculture, and biotechnology<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0will be required to contribute a portion of their revenue. <\/span><\/li>\n<li class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\">The money collected will be used to <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">support biodiversity conservation projects <\/strong><\/b><b><strong class=\"selectable-text copyable-text false x117nqv4\">help developing countries implement biodiversity action plans<\/strong><\/b><b><strong class=\"selectable-text copyable-text false x117nqv4\">, and fund scientific research<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0to improve genetic data storage and usage. <\/span><\/li>\n<li class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\">At least <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">50% of the fund&#8217;s resources<\/strong><\/b><span class=\"selectable-text copyable-text false\"> will be allocated to i<\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">ndigenous peoples and local communities<\/strong><\/b><span class=\"selectable-text copyable-text false\">, recognizing their crucial role in protecting and maintaining biodiversity. <\/span><\/li>\n<li class=\"selectable-text copyable-text x15bjb6t x1n2onr6\" dir=\"ltr\"><span class=\"selectable-text copyable-text false\">The fund is considered a <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">key step<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0toward achieving the <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">Kunming-Montreal Global Biodiversity Framework (KMGBF) goal<\/strong><\/b><span class=\"selectable-text copyable-text false\">\u00a0of <\/span><b><strong class=\"selectable-text copyable-text false x117nqv4\">halting and reversing biodiversity loss by 2030<\/strong><\/b><span class=\"selectable-text copyable-text false\">. <\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The \u2018Cali Fund\u2019 was launched recently at the CBD COP16 in Rome. About Cali Fund The Cali Fund\u00a0was launched on February 25, 2025 at the 16th Conference of Parties (COP16) to the United Nations Convention on Biological Diversity (CBD)\u00a0in Rome. Aim: The fund aims to boost biodiversity finance\u00a0by collecting contributions from businesses that use&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cali-fund\/\">Continue reading <span class=\"screen-reader-text\">Cali Fund<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,4182,12039],"tags":[11872,10504],"class_list":["post-328230","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-environment","category-knolls","tag-9pm-daily-factly","tag-down-to-earth","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/328230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=328230"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/328230\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=328230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=328230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=328230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}