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ADB funds biodiversity conservation

The Asian Development Bank has provided a USD7.96 million loan to help the central province of Thua Thien-Hue conserve its biodiversity.

ADB funds biodiversity conservation - 1
The Asian Development Bank (ADB) has provided a USD7.96 million USD loan to help the central province of Thua Thien-Hue conserve its biodiversity.

The project is estimated to cost USD8.83 million, of which USD487,000 will be sourced from the province’s budget and the rest of USD410,000 will be contributed by the project’s beneficiaries.

It will be carried out in 10 communes in the mountainous districts of Nam Dong and A Luoi.

The project is designed to enhance institutional and community capacity in managing the biodiversity corridor; restore the biodiversity corridor, protect the ecosystem and sustainably manage natural resources; and improve livelihood and infrastructure for local residents.

Source: VNA
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