UN Biodiversity COP16, Rome
The second extended session of COP16 in Rome concluded after the suspension of the initial session in Cali, Colombia last year.
- On 25thFebruary 2025, Cali Fund was launched in Rome during the conference.
- This new fund will receive contributions from the private sector companies that commercially use digital sequence information (DSI) obtained from genetic resources.
- 50% of the Cali Fund will be allocated to the needs of indigenous peoples and local communities.
- The fund will be implemented for the Kunming Montreal Global Biodiversity Framework (KMGBF).
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