WB grants 400 million USD for Indonesia’s mangrove rehabilitation
 |
| Illustrative photo (Source: World Bank) |
Jakarta – The World Bank has offered 5.5 trillion rupiahs (400 million USD) to help Indonesia rehabilitate its mangrove forests in the next four years.
According to Indonesian Coordinating Minister of Maritime Affairs and Investments, Luhut Binsar Pandjaitan, the funding will support the country’s mangrove rehabilitation programme, which is set to recover about 600,000 hectares.
According to official data, the nation currently has 3.49 million hectares of mangrove forests, of which 52 percent or 1.82 million hectares are in damaged condition.
Based on Indonesia’s 2020-2024 National Medium-Term Development Plan (RPJMN), its Ministry of Maritime Affairs and Fisheries has been mandated to carry out coastal rehabilitation efforts through mangrove tree planting across 1,800 ha areas by 2024.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Tropical storm Trami leaves at least 24 people dead in Philippines (October 24, 2024 | 17:36)
- Singapore grants conditional approval for solar power import from Australia (October 24, 2024 | 17:27)
- ASEAN digital economy set to reach $2 trillion by 2030 (October 22, 2024 | 15:08)
- Thailand asks Laos to waive visa fee at border checkpoints to boost tourism (October 21, 2024 | 17:23)
- Laos pledges to continue efforts to empower girls (October 21, 2024 | 17:17)
- Chinese electric vehicle maker to build plant in Indonesia (October 21, 2024 | 17:12)
- Vietnam Elevator Association introduces Elevator Safety Application to the world (October 18, 2024 | 09:00)
- A taste of the future - the go-to spot at the Worldchefs Congress & Expo 2024 (October 15, 2024 | 16:11)
- Jakarta to impose household waste levy (October 14, 2024 | 16:49)
- China, Laos plan to build connectivity development corridor with Thailand (October 14, 2024 | 16:19)
Mobile Version