Russia China India Latin America
August 01 2010 Contact Us
World Bank grant to Bosnia and Herzegovina

June 01 2008

By Mona Dobrescu

 

The World Bank has approved a US$3.4 million Global Environment Facility (GEF) grant for the Forest and Mountain Protected Areas Project for Bosnia and
Herzegovina (BiH). The Project will assist the Government in conserving its globally significant biodiversity in critical forests and mountain ecosystems.

 

The Project will also help BiH on its path towards European Union integration through support to the Government in meeting the EU nature and biodiversity policy (Natura 2000) requirements.

 

The Forest and Mountain Protected Areas Project will help address threats to biodiversity in BiH by promoting ecosystem management and by expanding the Protected Area (PA) system to a level reflecting local needs and regional averages, according to the World Bank and the GEF. This is especially critical for BiH, which has the highest proportion of threatened plant species in any European country, yet less than one percent of its land is currently set aside as protected areas -- a striking contrast to a regional average of 7 percent.

 
  Last News
Micrel Opens New Regional Office in Hong Kong, China (China)
Huber to Expand Silica Production Capacity in India (India)
GE Signs Licensing Agreement for Oil and Gas Compressors with BHEL of India (India)
Renault-Nissan Alliance and Bajaj Auto Ltd. Confirm Progress on Development of New Vehicle (India)
Costa Cruises inaugurates the Tianjin international cruise terminal in China (China)
Expert: Romania will register slower growth (Russia)
Siemens been awarded contracts in India (India)
Huawei Wins Femtocell Design and Technology Innovation Award at 2010 Femtocell World Summit (China)
Sify Becomes 1st-ever Integrated ICT Company to Land International Undersea Cable in India (India)
Movius Signs Multi-Year Value Added Services Deal With Telefonica In Latin America (Latin America)