Green Climate Fund resources will be used as of the second half of 2016 to finance a project aimed at protecting wetlands at Pastaza River in the Amazon area of northern Peru, Environment Minister Manuel Pulgar-Vidal informed.
This is one of the first projects approved after the Green Climate Fund Board met early this month in Livingstone, Zambia, the first African country to host this type of meeting.
“The Green Climate Fund has started approving projects, one of them is for Peru and its implementation will begin in the second half of next year. The new government authorities will be in charge of carrying it out,” he told Andina news agency.
As approved in Livingstone, the Peruvian project entitled “Building the Resilience of Wetlands in the Province of Datem del Marañón in Peru” will receive a US$6.2 million fund from the said global climate fund.
Furthermore, Promotion Fund for Protected Areas in Peru (Profonanpe) will directly participate in its execution.
“I find this state logic correct, because we are working for Peru,” the Environment Minister commented as he recalled the Green Climate Fund has set itself a goal of raising US$100 billion per year by 2020.
(END) MVF/FHG/RMB
Published: 11/28/2015