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Kunming biodiversity fund, recently seen in news, is related to which of the following country?
China
Russia
South Korea
Thailand
Solutiion China — the world's biggest polluter — pledged to inject $233 million into the Kunming biodiversity fund to protect biodiversity in developing countries during a key UN conservation summit. The summit aims to establish a new accord setting out targets for 2030 and 2050. 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. Global spending to protect and restore nature needs to triple this decade to about $350 billion annually by 2030 and $536 billion by 2050 to meet this target, a UN report said in May 2021. But some rich country donors say a new fund for conservation is unnecessary because the United Nations' Global Environment Facility already helps developing nations finance green projects. Kunming, also known as Yunnan-Fu, is the capital and largest city of Yunnan province, China. It is at the northern edge of Dian Lake.
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