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China’s launch of a biodiversity fund is a “good start” but falls short of what is needed to help developing countries meet the goals in a global nature pact, environmentalists have warned, urging all rich nations to step up ambition and funding.

About 195 countries are set to finalize a new accord to safeguard the planet’s plants, animals and ecosystems at a two-part U.N. summit that began this week and is due to finish in May next year in the Chinese city of Kunming.

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