The World Bank has approved a grant of US$40 million to Mozambique through the International Development Association (IDA) to support the implementation of a conservation project prepared by the Mozambican government, the IDA said in a statement.
In a statement released Wednesday, the World Bank also announced that the Project for Conservation Areas for Biodiversity and Development of the Government of Mozambique, known as Mozbio, will benefit from an additional donation of US$6.3 million to be provided by the World Environment Fund.
The World Bank pointed noted that Mozambique has a great diversity of habitats, where there are over 5,500 species of plants, 222 mammals and 600 birds, most of which are endemic, with a level of conservation tourism income and investments that is still very low .
The Mozbio project is intended to increase the efficiency of the management of conservation areas and improve the lives of local communities. (macauhub / MZ)