STOCK MARKET BSE NSE

UNDP launches new project to prevent biodiversity loss

Published: 19th October 2012 11:25 AM  |   Last Updated: 19th October 2012 11:25 AM   |  A+A-

CATCHING-THE-BEAT

The United Nations Development Programme (UNDP) launched a new framework on the sidelines of the ongoing Conference of Parties-11 (COP-11) to prevent the loss of biodiversity.  Projects related to conservation and ecosystem work in India are also likely to benefit from the framework which finance biodiversity management through domestic revenue, innovative financial mechanisms and donor funding from different sources.

“The UNDP project on protecting coastal and marine biodiversity in the estuarine regions of East Godavari as well as Sindhudurg on the west coast have received a financial assistance of $10 million so far, apart from the expenditure by government of India. This highlights one of the several projects that UNDP plans to introduce as a part of the framework,” said Srinivasan Iyer, head of energy and environment unit at UNDP, India.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp