The fund is voluntary, and almost nobody has contributed money to it.
82% confidence
EnvironmentInternational
Omissions
The MEP did not specify the timeframe; the 'empty' status refers to the period shortly after the fund's establishment at COP 16 (October/November 2024). The fund was established to receive voluntary contributions from companies using digital sequence information (DSI), but initial participation has been minimal due to lack of binding obligations.
Sources
PrimaryUNDP Multi-Partner Trust Fund OfficeThe Cali Fund is the first of its kind to rely on the private sector as principal contributors for their use of Digital Sequence Information (DSI). The fund operates on a voluntary contribution basis from companies and organizations that benefit from DSI.
AcademicGrantham Institute, LSEDue to the voluntary nature of the Fund, it may be challenging to create sufficient incentives for private sector participation. The fund relies on voluntary contributions from companies using digital sequence information.
SecondaryCarbon BriefThe Cali Fund for nature is 'still empty' and contributions are voluntary, with industry showing hesitation to contribute. The article notes 'Contributions to the Cali Fund are voluntary. They will depend on...' and describes the fund as empty based on analysis of communications.