PT. Sambung Bisnis Internasional

Indonesia Receives $103.65 Million Climate Change, Biodiversity Fund

Image : thejakartapost.com

Indonesia has received US$103.65 million in funding allocated for programs related to biodiversity, climate change and land degradation from the multilateral environmental fund Global Environment Facility’s eighth replenishment cycle (GEF-8) for 2022-2026.

“I appreciate GEF for trusting Indonesia with the biggest allocation of STAR [System for Transparent Allocation of Resources] in the 8th cycle of GEF. I believe that this national dialogue is the correct step to ensure active participation of stakeholders in the early stages of the GEF-8 2022 – 2026 period,” Deputy Environment and Forestry Minister Alue Dohong said in a statement.

The disbursement was announced during the National Dialogue Indonesia (NDI) in Nusa Dua, Bali, on Monday, part of the Asia and Pacific Regional Workshop for GEF-8 on Jan. 10 to 12.

Source : thejakartapost.com

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