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World Bank approves project grant for Belize

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World Bank project map

Posted: Thursday, October 2, 2014. 10:20 am CST.

World Bank project map

World Bank project map

Thursday, October 2, 2014. PATRICK E. JONES Reporting: The World Bank is giving Belize US$6 million to be used for a 5 year project designed to mitigate the effects of Climate Change.

According to a statement from the World Bank, the multi-million dollar grant from the Global Environment Facility will be supplemented by counterpart funding by the government of Belize to the tune of US$3 million.

The project will be implemented by the Ministry of Forestry, Fisheries and Sustainable Development and, according to the project documents will involve the expansion of the areas under sustainable forest management, improve on biodiversity protection in six targeted protected areas and help with alternative livelihoods options and training for local communities in the targeted areas on how to sustainably harvest and market non-timber products.

The grant was approved on September 29, 2014.

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