Question
What is the name of the fund established at the UN
summit in Colombia to share profits from digitally sequenced genetic data?Solution
The fund established at the UN summit in Colombia to share profits from digitally sequenced genetic data is called the Cali Fund: · Purpose: - The Cali Fund is a global fund that collects and distributes proceeds from the use of genetic data, also known as digital sequence information (DSI), to support nature conservation. · Origin: - The Cali Fund was established at the 2024 United Nations Biodiversity Conference (COP 16) in Cali, Colombia. It was created as part of a landmark agreement on DSI that aims to ensure equitable sharing of benefits.
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