Q. The ‘Cali Fund’ was recently launched at which event to protect biodiversity?
Answer: COP16 of the UN Convention on Biological Diversity (CBD)
Notes: The ‘Cali Fund’ was launched at COP16 of the UN Convention on Biological Diversity (CBD) in Rome. It is an international fund to protect biodiversity and ensure fair benefit-sharing from genetic resources. At least 50% of the funds will support indigenous and local communities. Businesses using genetic resources are encouraged to contribute a share of their profits. The Convention on Biological Diversity (CBD) focuses on conserving biodiversity and fair benefit-sharing.

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