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Argentina: WB Approves US$60 million for sustainable management of n..
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Datum nieuwsfeit: 19-03-2008 |
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World Bank
Argentina: WB Approves US$60 million for sustainable management of natural
resources
Available in: Español
Press Release No:2008/238/LCR
Contacts:
In Buenos Aires: Yanina Budkin (54-11) 4316-9724
ybudkin@worldbank.org
In Washington: Gabriela Aguilar (202) 473-6768
gaguilar2@worldbank.org
WASHINGTON, March 18, 2007-- The World Bank approved today a US$60
million investment loan to improve the sustainable management of
forest resources, conserve biodiversity in protected areas and forest
landscapes. The project will benefit small producers which will
integrate forestry development activities and conservation.
The Sustainable Natural Resources Management Project will assist small
and medium-scale farmers, land owners and producers to adopt
environmentally sustainable forms of forestry and agro forestry, as
well as to strengthen conservation in eleven national protected areas.
It will also support the development of institutional agreements to
enhance the Government's capacity to manage natural resources in a
sustainable way.
"The Bank is supporting the government's efforts to manage natural
resources and the environment in a sustainable way. Specifically, the
new project aims to establish a platform for actions to address
resource depletion in the `Bosque Chaqueño' area, the most threatened
eco-region in the country, primarily as a result of the massive
industrial-scale clearing for soybean cultivation", said Pedro Alba,
World Bank Country Director for Argentina, Chile, Paraguay and
Uruguay.
"Deforestation in these areas is often accompanied by detrimental
social impacts on the rural poor; who although having historical ties
to the land, they often lack formal land titles and, therefore, are
highly vulnerable to displacement", he explained.
Natural resources have long been a driving force for the Argentine
economy. Yet today, the country is facing some key challenges in the
areas of forestry, sustainable land use management, protected area
management and biodiversity conservation. For example, 20% of
Argentina's land (60 million ha) are considered to be moderately or
severely eroded, and about 1 million hectares of forests have
disappeared over the last four years alone.
The project has three main components:
NativeForestsand Biodiversity. It focuses mainly on the Chaco region
to develop a new Native Forests and Biodiversity Project and to
support activities to promote the introduction of sustainable
management and conservation practices in native forests.
Sustainable Plantation Forestry: It will (i) establish institutional
and policy frameworks conducive to more sustainable and shared growth
in the plantations and agro forestry sector; (ii) raise environmental
awareness; and (iii) support the integration of smallholders and small
producers into the plantation and agro forestry production cycle while
promoting sustainable practices among producers generally.
Protected Areas and Conservation Corridors: it will strengthen
Administracion de Parques Nacionales capacity to manage existing
national protected areas and to set the stage for expanding protection
to the insufficiently protected and highly-threatened Chaco ecosystem.
The Sector Investment Loan (SIL) from the International Bank for
Reconstruction and Development (IBRD) for US$60 million is
fixed-spread, has a 10 year maturity and a five year grace period. The
project also has US$7 million of complementary funding from Global
Environmental Facility.
###
For more information on World Bank's program in Argentina please
visit:
www.bancomundial.org.ar
For more information, please visit the Projects website
Related News
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Argentina - Sustainable Natural Resources Management
World Bank Calls for Agricultural Renewal to Reduce Rural Poverty in
Transforming Economies
World Bank Calls for Renewed Emphasis on Agriculture for Development
Permanent URL for this page: go.worldbank.org/R9KYNO3NS0
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