HP signes historic agreement on emission reduction

The Pioneer , Wednesday, May 25, 2011
Correspondent : Ravi Bali | Solan

Himachal Pradesh has signed a historic agreement on emission reduction with World Bank, a Clean Development Mechanism (CDM) bio-carbon sub-project of Himachal Pradesh under mid himalayan watershed development project.

The agreement was signed by Sudripto Roy, additional chief secretary (forests) on behalf of the Government of Himachal Pradesh and Hubert Nove Josserand, deputy country director of world bank on behalf of international bank for reconstruction and development (world bank-bio carbon fund), and the same was exchanged in the presence of Prem kumar dhumal, CHIEF MINISTER, smt. Rajwant sandhu, chief secretary and shri ranjan samantaray, task team leader of the world bank. The agreement would be operative till December, 2018.

Speaking on the occasion Chief Minister Dhumal congratulated the Forest Department for its positive and speedy approach for meticulously preparing the project document in a record time.

He said that the project would develop innovative and cost effective ways to minimise climate change risks and provide multiple benefits to the poor farmers through meeting their needs of timber, pulpwood, firewood, minor forest produces along with carbon credits, in cash incentive.

 
SOURCE : http://www.dailypioneer.com/340986/HP-signes-historic-agreement-on-emission-reduction.html
 


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