COP16: Governments back voluntary plan to collect payments from companies that use digital biodiversity data

Cecilia Keating
clock • 6 min read
COP16 President Susana Muhamad gavels the decision on the multilateral benefit-sharing mechanism from the use of digital sequence information | Credit: IISD/ENB | Mike Muzurakis
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COP16 President Susana Muhamad gavels the decision on the multilateral benefit-sharing mechanism from the use of digital sequence information | Credit: IISD/ENB | Mike Muzurakis

UN Biodiversity Summit delivers launch of new Cali Fund, but fractious talks fail to deliver agreement on key finance issues

Governments have agreed companies using digital biodiversity data should pay a portion of their profits or revenues into a fund to support global conservation efforts, after reaching a landmark deal in...

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