WASHINGTON, March 18, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors: IBRD Loan: USD$56.41 million TERMS: Maturity= 10 years Grace= 5 years Global Environment Facility (GEF) Grant: USD$7 million PROJECT DESCRIPTION: The project aims to improve the sustainable and efficient management of forest resources, conserve biodiversity in protected areas and forest landscapes, and integrate small producers into forestry development and conservation. The project is designed to focus on: (i) improving the policy and planning frameworks, (ii) strengthening institutional capacity at federal and provincial levels, (iii) upgrading park management capacity, infrastructure and sustainable development opportunities in and around parks, (iv) improving and promoting private forestry information delivery services, (v) assisting small and medium-scale farmers, land owners and producers to adopt sustainable forms of forestry, agriculture and agro forestry, (vi) institutionalizing environmental safeguards and incorporating best practices, and (vii) by encouraging more private-sector involvement in service provision.. For more information please call Gabriela Aguilar at (202) 473-6768 or e-mail gaguilar2@worldbank.org. For more information on the Bank’s work in Argentina, please visit http://go.worldbank.org/T263LAY1T0. For more information on the project, please visit http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=316024&menuPK=316058&Projectid=P100806. |