Xi: China to commit 1.5b yuan to biodiversity

China's actions and plans

- China will invest 1.5 billion yuan (about $233 million) to establish the Kunming Biodiversity Fund. The fund will be used to support developing countries in biodiversity protection. China calls on and welcomes all parties to make contributions to the fund

- The first phase of China's large wind power and photovoltaic projects in desert areas with an installed capacity of approximately 100 million kilowatts has recently started construction

- To achieve its carbon peak and neutrality targets, China will release implementation plans for peaking carbon dioxide emissions in key areas and sectors, as well as a series of supporting measures