Going green: Pakistan to get $39m to preserve forests – The Express Tribune

Going green: Pakistan to get $39m to preserve forests

By Shahzad AnwarPublished: December 28, 2014

UNDP, World Bank providing two separate grants.

ISLAMABAD: In a bid to preserve forests in Pakistan, the Global Environment Facility (GEF) under the Sustainable Forest Management (SFM) programme will provide Pakistan with a $35 million grant.

“The implementing agency, United Nation Development Programme (UNDP), had itself prepared the proposal for the SFM programme three years back, and after holding marathon consultations with various firms, approved proposals prepared by the Pakistan Forest Department,” a senior Pakistan Forest Department official claimed on condition of anonymity.

The Sustainable Forest Management (SFM) programme aims to maintain and enhance the economic, social and environmental values of all types of forests. On a global scale, forests store more carbon than the earth’s atmosphere, and since 2007, the role of forests as important carbon reservoirs has gained remarkable attention in climate change discussions.

via Going green: Pakistan to get $39m to preserve forests – The Express Tribune.