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

Photo: Guardian Environment

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 Cali Fund set out to raise $1bn (£750m) annually, by asking companies that profit from