Current Affairs · Environmental Summits
With reference to the newly established 'Cali Fund' at the UN Biodiversity Conference (CBD COP16), consider the following statements: 1. It is a global mechanism where corporate entities directly contribute fees for using digital genetic sequences from nature. 2. The fund's revenue will be exclusively allocated to high-tech software infrastructure for genetic data hosting. 3. Industries utilizing Digital Sequence Information (DSI) from biodiversity are expected to channel a share of profits or revenue into this fund. 4. The Cali Fund is fully administered and operated by the World Bank. How many of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Only two
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