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World Bank grants Sudan 5 mln USD for reducing emissions from deforestation

Source: Xinhua   2018-03-19 03:03:03

KHARTOUM, March 18 (Xinhua) -- The World Bank has provided a grant of 5 million U.S. dollars to Sudan for reducing emissions from deforestation and forests degradation, a Sudanese official said Sunday.

Sudanese Minister for Finance Mohamed Othman al-Rekabi said the grant is "an additional fund from the World Bank after a successful phase of the initial program for reducing emissions ensuing from deforestation and forest degradation."

The finance minister met with World Bank Resident Representative Adama Coulibaly.

Al-Rekabi added the "grant comes in obligation by the bank to the items of spending on the program," referring to REDD+ Program with Sudan six years ago to reduce emissions, counter drought and minimize poverty rate in Sudan.

The REDD+ Program, a climate change mitigation approach, is supported by the UN Program on Reducing Emissions from Deforestation and Forest Degradation (REDD), which partners developing countries in implementing REDD+ by helping them meet the UN requirement to get REDD+ payment.

The REDD+ aims to prepare references for measuring listing forests, setting up follow-up programs, evaluating and verifying within the framework of agreement on combating climate change funded by the World Bank and donors.

Editor: Chengcheng
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World Bank grants Sudan 5 mln USD for reducing emissions from deforestation

Source: Xinhua 2018-03-19 03:03:03

KHARTOUM, March 18 (Xinhua) -- The World Bank has provided a grant of 5 million U.S. dollars to Sudan for reducing emissions from deforestation and forests degradation, a Sudanese official said Sunday.

Sudanese Minister for Finance Mohamed Othman al-Rekabi said the grant is "an additional fund from the World Bank after a successful phase of the initial program for reducing emissions ensuing from deforestation and forest degradation."

The finance minister met with World Bank Resident Representative Adama Coulibaly.

Al-Rekabi added the "grant comes in obligation by the bank to the items of spending on the program," referring to REDD+ Program with Sudan six years ago to reduce emissions, counter drought and minimize poverty rate in Sudan.

The REDD+ Program, a climate change mitigation approach, is supported by the UN Program on Reducing Emissions from Deforestation and Forest Degradation (REDD), which partners developing countries in implementing REDD+ by helping them meet the UN requirement to get REDD+ payment.

The REDD+ aims to prepare references for measuring listing forests, setting up follow-up programs, evaluating and verifying within the framework of agreement on combating climate change funded by the World Bank and donors.

[Editor: huaxia]
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