First of Its Kind Multimillion Dollar Trust Fund Launched to Protect Guyana's Forests
The governments of Guyana and Germany along with Conservation International launch fund to protect critical ecosystems, maintain global carbon stocks and benefit local communities
Muttenz, Switzerland, Jul 20, 2012 - Clariant, the Swiss specialty chemicals company, today inaugurated Germany's biggest pilot plant for the production of climate-friendly cellulose ethanol from agricultural waste.
New funds to protect the climate through forest conservation
Washington – In a sign of strong support for the reduction of greenhouse gas emissions through forest conservation, Germany has committed an additional EUR 30 million to the Forest Carbon Partnership Facility (FCPF). The German Ministry for Economic Cooperation and Development signed the agreement, which makes Germany the biggest donor to the Facility, with total commitments of EUR 84 million (approximately USD 110 million).
Preserving the cloud forest through Ethiopian-German partnership
A multifaceted project to preserve one of the last of Ethiopia's native forests has been underway for the past four years with the support of Germany's International Climate Initiative and NABU, the Nature and Biodiversity Conservation Union. The project focuses on reforestation, job creation in the region and the introduction of sustainable forest management practices. The area was officially named a UNESCO Biosphere Reserve earlier this year.
Norway, Germany give $90 mln to slow deforestation
OSLO, June 21 (Reuters) - Norway and Germany announced aid of more than $90 million on Tuesday for World Bank programmes to help slow tropical deforestation that is blamed for stoking climate change.