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FAO approves environmental projects worth $58.8 million

Rome, Dec 18 (Prensa Latina) The Food and Agriculture Organization of the United Nations (FAO), through the Global Environment Facility (GEF), approved eight projects for seven countries totaling $58.8 million, according to a press release issued today.

A report published by the press office of this international institution indicates that these allocations, aimed at “improving the management of agricultural landscapes,” primarily benefited India, with two projects, as well as Mexico, Bangladesh, the Democratic Republic of Congo, Senegal, Tanzania, and Ukraine.

The budget allocated to these nations also aims to “promote climate-friendly and biodiversity-positive livestock production and restore forest, coastal, and marine ecosystems,” the text adds.

Furthermore, these projects will mobilize approximately $429 million in co-financing to improve the management of 305,000 hectares of terrestrial and marine protected areas, which, according to the document, will benefit one million people.

They will also restore 314,000 hectares of landscapes, improve the management of 1.2 million hectares of productive land, and mitigate the emission of 84.5 million tons of greenhouse gases.

“We are ready to continue collaborating with countries to access crucial financing that will allow them to transform their agri-food systems to be more efficient, more inclusive, more resilient, and more sustainable,” FAO Director-General Qu Dongyu said regarding this initiative.

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