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28Feb 2025

Cali Fund Launched to Support Global Biodiversity Conservation

Why in the News? At COP16 in Rome, the Cali Fund was launched to mobilize financial contributions from industries using genetic data. Managed by UNDP and UNEP, it aims to fund biodiversity projects, especially benefiting indigenous communities and conservation efforts worldwide. Launch and Purpose: Announced at COP16 of the UN Convention on Biological Diversity (CBD) …

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07Oct 2024

Debate Over Rainforest Density Amid Nicobar Development Project

Why in the news? Ecologists are concerned about the environmental impact of felling millions of trees for the Great Nicobar development project, sparking debates over rainforest density and ecosystem preservation. About Great Nicobar Development Project: Four major projects are planned: International Container Transhipment Terminal, Greenfield Airport, Gas and Solar Power Plants, and Township development. The …

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