Business

WB launches $32m forest landscape plan

ESTHER MSETEKA, Lusaka
THE World Bank (WB) has launched a US$32.8 million Zambia Integrated Forest Landscape project to improve rural livelihoods, reduce deforestation and unsustainable agricultural practices in Eastern Province.
The funds for the project include a credit of US$17 million from International Development Association (IDA), a Global Environment Facility (GEF) grant of US$8.05 million and a BioCarbon Fund (BioCF) grant of US$7.75 million.
WB country manager for Zambia Ina Ruthenberg said the project will benefit 214,955 people in nine districts; Chipata, Lundazi, Mambwe, Petauke, Katete, Sinda, Chadazi, Vubwi and Nyimba.
Ms Ruthenberg said in a statement recently that the project mainly targets communities that depend on agriculture, wildlife and…. http://epaper.daily-mail.co.zm/

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