WASHINGTON, September 27, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
IDA CREDIT: US$3.5 million
TERMS: Maturity = 40 years; Grace period = 10 years.
PROJECT DESCRIPTION: This credit is additional financing for the Lower Kihansi Environmental Management Project (LKEMP). The resources will enable the Government of Tanzania to fill a financing gap caused by additional issues that arose with the unexpected mortality of Kihansi Spray Toads (KST) in a captive breeding program and those in the wild.
Through the additional financing, a recovery plan for the re-introduction of the Kihansi Spray Toads (KST) species into its natural habitat will be developed, including the restoration and maintenance of the KST species’ natural habitat. The Government, with support from Development Partners, had, in 2000, established a captive breeding program for the KST as an “insurance policy” in case the species became extinct. Some 500 KST were sent into captivity in the USA. The project will also develop monitoring protocols for the Kihansi Gorge ecosystem.
For more information, please call Zeria Banda at (202) 473-2907 or email:
zbanda@worldbank.org
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