Daily Current Affairs China launches biodiversity fund Chinese President Xi Jinping announced the launch of a 1.5 billion yuan ($232.47 million) fund to support biodiversity protection in developing countries, as talks continue on a new post-2020 global pact to tackle species loss. He welcomed other parties’ contributions to the Kunming Biodiversity Fund. Xi was addressing virtually the COP15 global biodiversity summit in Kunming, China. China, the world’s biggest polluter has sought to play a more prominent role internationally on biodiversity conservation in recent years. France unveils $35 bn revival plan French President Emmanuel Macron has unveiled a five-year, €30 billion ($35 billion) investment plan for developing innovative technology and industrial activity, including building small nuclear reactors, electric cars and greener airplanes. The goal of the state-funded France 2030 plan is to boost France’s economic growth over the next decade amid growing global competition with China and the U.S., Mr. Macron said. The money will start being spent next year, he said.
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Daily Current Affairs
for app_20201213 China launches biodiversity fund
Chinese President Xi Jinping announced the launch of a 1.5 billion yuan ($232.47 million) fund to
support biodiversity protection in developing countries, as talks continue on a new post-2020 global
pact to tackle species loss. He welcomed other parties’ contributions to the Kunming Biodiversity
Fund. Xi was addressing virtually the COP15 global biodiversity summit in Kunming, China.
China, the world’s biggest polluter has sought to play a more prominent role internationally on
biodiversity conservation in recent years.
France unveils $35 bn revival plan
French President Emmanuel Macron has unveiled a five-year, €30 billion ($35 billion) investment plan
for developing innovative technology and industrial activity, including building small nuclear reactors,
electric cars and greener airplanes. The goal of the state-funded France 2030 plan is to boost France’s
economic growth over the next decade amid growing global competition with China and the U.S., Mr.
Macron said. The money will start being spent next year, he said.
Daily Current Affairs
for app_20201213 Pak Among Top 10 Nations With Largest External Debt Stocks: World Bank Report
Pakistan is among the top 10 countries that possess the largest external debt stocks and became
eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the COVID-19 pandemic,
said a World Bank report. The combined external debt stock of the 10 largest DSSI-eligible borrowers