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- Recently, China has announced the launch of a 1.5 billion yuan ($232.47 million) fund to support biodiversity protection in developing countries.
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- Its pledge came as delegates from about 195 countries gathered in the southern Chinese city of Kunming for the first of a two-part summit on safeguarding plants, animals and ecosystems.
- The summit aims to establish a new accord setting out targets for 2030 and 2050.
- It will provide a much-needed boost for the post-2020 Global Biodiversity Framework.
- It aims to protect biodiversity in developing countries during a key UN conservation summit, despite disagreements among major donors on the initiative.
- ‘30 by 30’ agenda:
- A key proposal being debated at the conference is the “30 by 30” agenda that would afford 30% of the Earth’s land and oceans protected status by 2030.
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India’s Initiatives for Tackling Climate Change
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Source: TH
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