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Home Sources Business & Entrepreneurs

KfW protect endangered ecosystems in Asia – first time cooperation with ASEAN Region

by PressCenter.com
August 21, 2013
in Business & Entrepreneurs, Business & Entrepreneurship, Categories, Countries, Others, Sources
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  • EUR 10 million for small projects undertaken
  • First measures in areas in Indonesia and Myanmar in preparation

“The ecosystems in the ASEAN region are threatened. Population growth and economic development and high poverty are increasingly polluting the environment. Particularly the rural population is dependent on the vital resources such as clean water and fertile soils for agriculture, wood for building and cooking or mangrove forests to protect against flooding. The needs of the local population and the protection of the environment must be reconciled, “said Dr. Norbert Kloppenburg, Member of the Managing Board of KfW banking group.

At this point is where the cooperation. In the countries of the ASEAN region to promote small projects that help both local residents economically and at the same time protect the environment. This can, for example, measures for organic coffee and rice cultivation to be, or afforestation, to allow sustainable timber industry. The project will initially focus on two farms in Indonesia and four in Myanmar, where a cooperation with non-governmental, international and national organizations is provided.

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Tags: ASEAN RegionAsiaindonesiaKfWMember StatesMyanmarSmall Grants Programme
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