Kering Group and L'Occitane Group, during the 15th Convention of the Parties (COP15) to the Convention on Biological Diversity in Montreal, Canada, announced the establishment of the Climate Fund for Nature. The fund aims to protect and restore nature and biodiversity, with a particular focus on empowering women. It is set to commence operations in the first quarter of 2023 and will mobilize resources from the luxury and beauty industries for nature conservation and restoration.
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