Thursday, March 09, 2006

German government pledges €5 million to support conservation fund in the Caucasus

09 Mar 2006
WWF

Berlin, Germany – German Development Minister Heidemarie Wieczorek-Zeul has pledged €5 million to support the establishment of a transboundary nature conservation fund in the southern Caucasus region. Additional aid for the fund from international donors is expected to see the amount rise to €40.
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The conservation fund aims to cover half the operational costs for the most important conservation areas in this biodiversity-rich region. The governments of Armenia, Azerbaijan and Georgia are expected to cover the other half. This makes the fund an integral part of the conservation strategy, developed by WWF and KfW, in cooperation with experts and government representatives from the region. The effort also represents a major contribution to the United Nations Convention on Biological Diversity by the states from the southern Caucasus.
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Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.

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