Learn bits
Ecology & Environment
Pradeep Kumar

13/10/21 12:05 PM IST

China launches biodiversity fund

In news

Chinese President Xi Jinping announced the launch of a 1.5 billion yuan ($232.47 million) fund to support biodiversity protection in developing countries, as talks continue on a new post-2020 global pact to tackle species loss.

Details
  • Beijing — the world’s biggest polluter — has sought to play a more prominent role internationally on biodiversity conservation in recent years.
  • 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.
  • He also announced a new national park scheme that would bring a land area of 230,000 square km (88,800 square miles) under stronger state protection.
  • The parks - which cover China's panda, tiger and leopard habitats as well as key nature reserves near the headwaters of the Yangtze, Yellow and Mekong rivers in the northwest - are home to nearly 30 percent of the key terrestrial wildlife species found in the country.
  • COP15 needs to see donor countries from the developed world contributing in this regard.
Source: The Hindu

More Related Current Affairs View All

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps