Islamabad
\nGerman Ministry of Economic Cooperation & Development (BMZ) has extended EUR 13.5 million for Pakistan\u2019s 10 Billion Tree Tsunami project in KP through KfW.
\nThe KP Forestry, Environment & Wildlife Department (FEWD) will be the project implementation agency.
\nSecretary of the Economic Affairs Division Asad Hayaud Din and Country Director KfW (German Development Bank) Sebastian Jacobi signed the Billion Tree Afforestation Support Project (BTASP) grant agreement on 17 December 2021.
\nMinister for Economic Affairs, Mr. Omar Ayub Khan and Ambassador of Germany to Pakistan, Mr. Bernhard Schlagheck, witnessed the ceremony.
\nThe German Ministry of Economic Cooperation & Development (BMZ) has committed EUR 13.5 million grant through KfW. The KP Forestry, Environment & Wildlife Department (FEWD) will be the project implementation agency.
\nAmbassador of Germany to Pakistan, Mr. Bernhard Schlagheck, says: \u201cWith BTASP we aim to create a truly long lasting impact of the afforestation campaign. Over a period of six years, BTASP will support the protection and sustainable management of forests across three regions in KP.\u201d
\nThe project will compliment Pakistan\u2019s flagship 10 Billion Tree Tsunami Programme (TBTTP), including effective management of restored forest landscapes. It will help improve public service delivery and build institutional capacity through measures such as a nationally replicable Management Information System for FEWD.
\nIn addition to ecosystem restoration, BTASP will support local economy, stimulate green growth and alleviate poverty across 100 villages in KP.
\nBTASP will engage and mobilise communities as key stakeholders through the formulation of Participatory Forest Development Plans. It will also promote women\u2019s economic empowerment and participation in decision making processes. BTASP will develop and strengthen value chains, linking up community-owned nurseries and businesses with markets. This will provide sustainable income opportunities for people relying on natural resources for livelihoods.
\nBTASP will support Pakistan\u2019s efforts towards the Bonn Challenge of restoring 350 million hectares of degraded and deforested lands by 2030. The project is part of the German-Pakistan Climate and Energy Initiative, which was launched at COP26.
\nWith the successful signing of the grant agreement for phase 1, the German Government stands ready to commit an additional EUR 20 million for Phase II of the project. With this new phase, Germany will extend its support to the federal Ten Billion Tree Tsunami Afforestation Project (TBTTAP) and in particular its governance, sustainability and climate aspects.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad German Ministry of Economic Cooperation & Development (BMZ) has extended EUR 13.5 million for Pakistan\u2019s 10 Billion Tree Tsunami project in KP through KfW. The KP Forestry, Environment & Wildlife Department (FEWD) will be the project implementation agency. Secretary of the Economic Affairs Division Asad Hayaud Din and Country Director KfW (German Development Bank) […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-234054","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"yoast_head":"\n