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The Kunming Biodiversity Fund (KBF) is a global financial mechanism or a Multi-Partner Trust Fund (MPTF). The Kunming Biodiversity Fund was launched in the year 2021 in the 15th Conference of the Parties (COP15) to the Convention on Biological Diversity which was hosted by China. The conference was called in support of developing countries in implementing the Kunming–Montreal Global Biodiversity Framework (KMGBF).
Why The Kunming Biodiversity Fund (KBF) was in the news recently?
The Kunming Biodiversity Fund was in the news because recently it approves $5.8 million in grants for seven countries to support nature -friendly agriculture and biodiversity conservation.
Important point to know about The Kunming Biodiversity Fund (KBF)
– The Kunming Biodiversity Fund (KBF) is a global financial mechanism or a Multi-Partner Trust Fund (MPTF).
– The The Kunming Biodiversity Fund (KBF) was launched in the year 2021 during the first part of the 15th Conference of the Parties (COP15) to the Convention on Biological Diversity which was hosted by China.
– The purpose to launch the The Kunming Biodiversity Fund (KBF) is to provide financial and technical support to developing nations for biodiversity conservation and focus on helping them implement the KMGBF’s goals. For example halting the biodiversity loss by the year 2030 and restoring ecosystems by year 2050.
– Support areas of The Kunming Biodiversity Fund – The Kunming Biodiversity Fund supported the projects with the fund which includes ecosystem restoration, sustainable agriculture, invasive species control, and the development by the National Biodiversity Strategies and Action Plans (NBSAPs).
– Funding The Kunming Biodiversity Fund – The Kunming Biodiversity Fund was established with an initial contribution of 1.5 billion yuan equant to $200 million from China and operates as a Multi-Partner Trust Fund, which is a common mechanism for mobilizing and channeling funds from multiple partners.
– Partnership off the The Kunming Biodiversity Fund – The Kunming Biodiversity Fund involves several international organizations, including the UNEP, SCBD, and UNDP, underscoring its multilateral nature.
– Recent activity – In late of the year 2025, The Kunming Biodiversity Fund approved $5.8 million for projects in seven countries (Cook Islands, Madagascar, Mexico, Nepal, Sri Lanka, Turkey, and Uganda) to promote nature-friendly agriculture.