Part of: Prelims and GS II – International relations and GS – III- Climate change
Context China pledged to inject $233 million into a new fund to protect biodiversity in developing countries during the recently held UN biodiversity summit.
China has called on all parties to contribute to the fund.
Key takeaways
Beijing — the world’s biggest polluter — has sought to play a more prominent role internationally on biodiversity conservation in recent years.
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.
China will take the lead in establishing the Kunming biodiversity fund with a capital contribution of 1.5 billion yuan ($233 million) to support the cause of biodiversity conservation in developing countries.
