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nations agree on biodiversity fund amid challenges for developing countries

Nations have established the "Cali Fund" to ensure companies sharing profits from genetic resources contribute to biodiversity preservation, targeting firms with significant revenues. However, the voluntary nature of contributions raises concerns about the impact on rapid vaccine development and access to genetic data, particularly amid ongoing pandemic negotiations. Critics warn that new regulations could hinder medical research, emphasizing the need for seamless access to digital sequence information for effective health responses.
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