The Billion-Dollar Promise That Raised $6,000
For decades, businesses and industries have profited from nature—extracting its resources, exploiting its genetic diversity, even building entire industries around biological wealth. If we are serious about making business pay a fair share of the costs of conserving the natural world it depends upon, the Cali Fund is a case study in how not to do it. The Cali Fund is a global biodiversity fund established under the UN Convention on Biological Diversity (CBD) to receive contributions from companies that use digital sequence information (DSI) derived from genetic resources. It was officially launched on 25 February 2025. Its purpose is straightforward: to ensure that the benefits generated from commercial use of genetic resources—particularly in industries such as pharmaceuticals, [...]