Uzbekistan gets $142 mn World Bank concessional credit for forest restoration

by IANS |

Tashkent, June 10 (IANS) The World Bank has approved a $142 million concessional credit for Uzbekistan to support a project to restore degraded forested lands in various regions of the country, and promote Uzbekistan's collaboration with other Central Asian countries on transboundary landscape restoration, the bank's Tashkent office said.

The project is part of the Resilient Landscapes in Central Asia programme that aims to increase resilience to further desertification, landscape degradation and climate change, it added on Thursday.

The new World Bank-funded project will help implement the Concept for Developing Uzbekistan's Forest System by 2030, adopted by the Uzbek government in October 2020, Marco Mantovanelli, the World Bank country manager for Uzbekistan, said in a statement.

"Through tree-based landscape restoration interventions in the areas with degraded lands, the project will contribute to increased resilience of landscapes, food systems, people and infrastructure, creation of natural resource management-based jobs and small and medium enterprises, and investments in nature-based tourism and protected areas," he added.

The project will be implemented by Uzbekistan's State Committee on Forestry, Xinhua news agency reported.

According to the World Bank, Uzbekistan has low forest coverage and over the past 30 years, it has been degraded because of uncontrolled animal husbandry, increasing demand for industrial and fuel wood due to limited energy sources in rural areas, and expansion of irrigated agriculture into forests.

Latest News
Thank you, sir, for ensuring the timely delivery of our full salary. Your support is deeply appreciated and makes a significant difference in our lives Mon, May 06, 2024, 03:55 PM
Israel begins Rafah evacuation ahead of planned military operation Mon, May 06, 2024, 03:53 PM
Jordan conducts 5 more airdrops of aid in Gaza Mon, May 06, 2024, 03:50 PM
HCLTech partners AWS to accelerate GenAI adoption Mon, May 06, 2024, 03:42 PM
India, Ghana agree to operationalise UPI link within 6 months Mon, May 06, 2024, 03:32 PM
MP: Over 5L first-time voters to exercise franchise in phase 3 of LS polls Mon, May 06, 2024, 03:18 PM
Constituency Watch: For BJP it's fight for consolidation while Congress sees an opportunity to regain past glory in Nandurbar Mon, May 06, 2024, 02:59 PM
'BJP CM will take oath in Odisha on June 10', roars PM Modi at Berhampur rally Mon, May 06, 2024, 02:43 PM
'The one who completes me': Bumrah's love-filled birthday wish for wife Sanjana Mon, May 06, 2024, 02:29 PM
BJP will transform growth trajectory of Odisha: PM Modi Mon, May 06, 2024, 02:24 PM
Five-year-old boy found dead after being swept away in Texas floodwaters Mon, May 06, 2024, 02:19 PM
Over 30 LS seats from Bengal assured this time, says Home Minister Amit Shah Mon, May 06, 2024, 02:18 PM
PPE-clad thieves clean Nashik ICICI Home Finance locker of Rs 5 cr gold jewellery Mon, May 06, 2024, 01:54 PM
Schools in Ahmedabad receive bomb threat emails Mon, May 06, 2024, 01:36 PM
IPL 2024: KKR skipper Shreyas Iyer hails openers' strokeplay after win over LSG Mon, May 06, 2024, 01:11 PM