Business is booming.

Nigeria makes list of beneficiaries for FAO’s $18m Global Environment Facility Fund

By Nneka Nwogwugwu 

The Food Agriculture Organisation has listed Nigeria as one of the four countries that will benefit from the $18 million Global Environment Facility (GEF) Food and Agriculture Organisation (FAO) led projects.

The fund is comprised of three new projects in Nigeria, Venezuela, Malawi, Mozambique, and Uganda and is expected to improve the management of protected areas, protect biodiversity in lowland forests, and build water security and resilience.

“Resilient and productive land and aquatic ecosystems are the foundation of sustainable agri-food systems transformation,” said FAO Deputy Director-General, Maria Helena forests said in a statement.

“The approval of these three projects strengthens our ability to help countries move on a path of sustainability that leaves no one behind,” Semedo added.

The three projects that were approved on Tuesday at the 62nd Council Meeting of the GEF, held in McLean, Virginia, United States of America, would improve management for conservation and the sustainable use of over 8.3 million hectares of protected areas, bring 10 000 hectares of land under improved management, and restore another 24 000 hectares of forest and natural grasslands.

The project in Nigeria would improve the conservation, sustainable use, and restoration of a lowland forest landscape to protect globally significant biodiversity and strengthen the sustainable livelihoods of local communities.

The project would also improve the management of the threatened one million hectare landscape encompassing 12 forest reserves and the Okomu National Park. 

The approval of these three projects marked the end of the GEF’s 2018-2022 funding cycle, the most productive four-year period in the FAO-GEF partnership to date, with over $600 million in grant financing secured for member countries.

below content

Quality journalism costs money. Today, we’re asking that you support us to do more. Support our work by sending in your donations.

The donation can be made directly into NatureNews Account below

Guaranty Trust Bank, Nigeria

0609085876

NatureNews Online

Leave a comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More