The Amazon Jungle in Ecuador.
Protecting and restoring tropical forest regions is at the centre of the ProGreen Initiative.
Photo: Shutterstock

26.09.2019

<< First < Previous Page 1 Page 2 Page 3 Next > Last >>
Germany’s Development Ministry is providing 200 million euros in support of a global programme to protect forests. The World Bank’s ProGreen Initiative was presented during the United Nations Climate Summit in New York/USA.

Opening the United Nations Climate Summit in New York on the 23rd September, World Bank Group President David Malpass and Germany’s Development Minister Gerd Müller announced a global forest conservation programme. According to the German Federal Ministry for Economic Cooperation and Development (BMZ), Germany is participating in the World Bank’s ProGreen Initiative with financial support to the tune of 200 million euros. The total financing volume is to reach a billion US dollars. The programme centres on the conservation and restoration of the tropical forest regions.

The BMZ states that in addition to the 200 million euros, a further 30 million euros is to be provided for the Central African Forest Initiative (CAFI), as well as 20 million euros for indigenous communities. Federal Minister Müller declared in New York that this amounted to a total of 250 million euros for global forest conservation. “Rainforests are the Earth’s green lungs. Alone the Amazon Rainforest produces 20 per cent of the world’s oxygen,” Müller explained.

<< First < Previous Page 1 Page 2 Page 3 Next > Last >>