Guardian Australia · Pharmaceuticals industry

Big pharma accused of ‘free-riding on nature’ as global fund attracts just $7,000

· By Rebecca Ratcliffe
Story summary

The Cali Fund, set up to raise $1bn a year for biodiversity from drug companies, remains near emptyBig pharmaceutical companies have been accused of “free-riding on nature”, after a landmark biodiversity fund that invites businesses to put some of their profits back into conservation was left virtually empty.The Cal…

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