US$10 million for protected areas

[NewsWhore]

The Ministry of Environment has signed an agreement with the United Nations Development Program (UNDP), The Nature Conservancy (TNC) and the German Construction Bank (KFW) to create a US$10 million fund, which will be administered by the National Protected Areas System (SINAP). The organizations will provide US$6.5 million for the fund, while the Dominican government will provide the remaining US$3.5 million. Environment Minister Omar Ramirez said that this represents an improvement in the sustainability of the nation's ecosystem and development. TNC representative William Welter said that the agreement shows the reach of inter-organizational and international cooperation. The SINAP includes 86 sites and covers 11,500 kilometers, or 24% of Dominican territory.

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