The Government of Tamil Nadu has established committees to manage the ₹50 crore Tamil Nadu Endangered Species Conservation Fund, enhancing efforts to protect endangered species in the region.
- On November 1, the Government of Tamil Nadu issued an order creating a Governing Committee and an Executive Committee to oversee the Tamil Nadu Endangered Species Conservation Fund.
- The fund, launched in November 2024, has a corpus of ₹50 crore, with an initial seed money allocation of ₹5 crore aimed at bolstering conservation biology efforts for endangered species.
- Located in Chennai, the initiative is part of a broader strategy to address biodiversity challenges across the States and union territories of India, particularly in areas like Vandalur.
Why It Matters
This initiative is crucial for preserving biodiversity in Tamil Nadu, reflecting a commitment to conservation amidst increasing environmental challenges. It also sets a precedent for other States and union territories of India to enhance their conservation efforts.