DSI: The Cali Fund still a work in progress ahead of COP17
Last July, the Parties to the Convention on Biological Diversity continued their negotiations on the implementation of the multilateral mechanism for the sharing of benefits arising from DSI, of which the Cali Fund is the main financial instrument. The discussions resulted in a recommendation ahead of COP17, to be held in late October in Yerevan (Armenia). The crucial issue of defining DSI was not on the agenda. Talks are therefore continuing without any clarity on exactly what they are addressing, which suggests that their conclusions will be applied in a piecemeal manner.