India, World Bank signs pact for “Ecosystems Service Improvement Project”
 Source : NewsBharati  Date : 17-Aug-2017

New Delhi, August 17: In a bid to improve ecosystem of country, a Grant Agreement of USD 24.64 million from the Global Environment Facility (GEF) of the World Bank and India was signed on Wednesday.

The Finance Ministry statement said that the Project is entirely will be financed by the World Bank out of its GEF Trust Fund. The project’s duration is 05 years. The project agreements were signed by officials from Indian Council of Forestry Research and Education (ICFRE), government of Madhya Pradesh and government of Chhattisgarh with Kahin.

 

Ministry of Environment, Forest and Climate Change (MoEF&CC) will implement the Project in the States of Chhattisgarh and Madhya Pradesh through Indian Council of Forestry Research & Education under the National Mission for Green India, a release said.

The objective of the Project is to strengthen the institutional capacity of the Departments of Forestry and Community Organisations to enhance forest ecosystem services and improve the livelihoods of forest dependent communities in Central Indian Highlands.