 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
World Environment Fund Gets 3-Billion-Dollar Funding Lift
Washington (AFP) Aug 28, 2006 A UN-managed fund designed to protect the global environment from catastrophic threats has received a funding boost of 3.13 billion dollars, officials said Monday. The World Bank said donors' record contribution to the Global Environment Facility (GEF) could not be better timed as ecological "red flags" mount, including climate change, loss of species, land degradation and pollution. "This strong show of support from the international donor community is remarkable, and signals firm commitment to protecting the global environment," said the GEF's chairwoman, Monique Barbut. "We cannot be complacent, and time is not on our side," she warned after the money was agreed by international donors attending the fund's third annual meeting in Cape Town, South Africa. "The global environment is facing unprecedented threats, and these funds have to be translated rapidly into projects, programmes and policies that make a difference in developing countries," Barbut said. The GEF was a fruit of the 1992 Earth Summit in Rio de Janeiro to fund global environment protection projects. It is administered by the UN Development Programme, the UN Environment Programme and the World Bank.
Source: Agence France-Presse Community Email This Article Comment On This Article Related Links Global Environment Facility Dirt, rocks and all the stuff we stand on firmly
What's Nature Worth? New Computer Models Tell All
Burlington VT (SPX) Aug 17, 2006Breathe in. The air is free. But we'd all agree it's not worthless. So, what's the price tag on benefits provided by nature? In 1997, the University of Vermont's Robert Costanza and his co-authors put the answer at $33 trillion per year in a now-famous paper in the journal Nature. In the decade following, the science of "ecosystem services" has bloomed. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
