Monday 21 June 2021

Global Environment Facility Approves over $forty six.6M to Support FAO-led Projects



Phnom Penh (FN), Jun. 21 – Eight countries will gain from projects designed to support climate resilience and biodiversity, and combat land degradation and unsustainable fishing, according to a press launch seen by using Fresh News on Monday.


The Food and Agriculture Organization of the United Nations (FAO) has welcomed approval from the Global Environment Facility (GEF) for five FAO-led tasks in 8 international locations, totaling extra than $46.6 million in funding. The selection became made for the duration of the 60th GEF Council Meeting and the thirtieth Least Developed Countries Fund Council Meeting.


The trendy projects will address crucial environmental demanding situations – such as land degradation, biodiversity loss, unsustainable fishing and climate exchange - that threaten the food security and livelihoods of hundreds of thousands of humans in Asia and Africa.


They will be carried out in partnership with and co-financed with the aid of the governments of Cambodia, Cameroon, Eritrea, Lesotho, Malaysia, Senegal, Thailand, and Vietnam.


“These initiatives are specifically welcome after the release of the UN Decade on Ecosystem Restoration,” said FAO Director-General QU Dongyu. “It is essential that we take movement now to repair the herbal systems on land and water that we rely directly to reap better manufacturing, higher nutrients, a better environment, and a higher lifestyles.”




The projects approved by using the GEF will help nations and groups to adopt extra sustainable and weather-resilient practices, foster local cooperation, and enact more potent policies to preserve biodiversity and deter unlawful, unreported and unregulated (IUU) fishing.


They will without delay benefit 441,500 humans and restore over 27,000 hectares of degraded landscapes. The projects may even create 30,000 hectares of new protected regions on land and sea, and enhance the control of over 765,000 hectares of landscapes and four million hectares of marine habitats.

Their movement is designed to mitigate 6.8 million tonnes of greenhouse gasoline emissions, and pass 547,393 tonnes of over-exploited fish stocks to more sustainable stages.


Among the FAO-led tasks is a regional mission within the Gulf of Thailand so as to sell sustainable fisheries management in Cambodia, Malaysia, Thailand and Vietnam.


By adopting an atmosphere method to fisheries and strengthening fisheries governance, the assignment will help preserve marine biodiversity and reduce the excessive exploitation of overfished fish shares, even as supporting the sustainability of fisherfolk livelihoods.


The four tasks authorized in Africa will deal with the threats of climate trade and land degradation to enhance the weather resilience of groups, shield natural resources, and make stronger agricultural value chains to improve rural livelihoods.


Since December 2018, FAO has mobilized more than USD 550 million in GEF provide funding for member international locations, consisting of the contemporary tasks, making FAO one of the top 4 GEF groups globally.

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