With reference to the newly established Cali Fund, consider the following statements:
1. It is the first global biodiversity fund under the UN that will receive direct contributions from businesses.
2. The fund will be exclusively used for scientific research on genetic data storage and its applications.
3. Industries using Digital Sequence Information (DSI) from nature will be required to contribute a portion of their revenue.
4. The Cali Fund is managed by the World Bank.
How many of the above statements are correct?1
Only one
2
Only two
3
All three
4
None