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Jiangnan Metropolis Daily: Jiangxi Launches Project for Protection and Development of Rare Tree Species in Jiangxi Yangtze River Economic Belt Loaned by European Investment Bank

Media: Southern Metropolis Daily Author: Chen Yingying
2019/12/31 9:51:09 Professional number: Jiangxi Provincial Forestry Information Promotion Center 2019/12/31 9:51:09

http://app.myzaker.com/news/article.php?pk=5e0961611bc8e0310e00005f

Jiangnan Metropolis Daily Chen Yingying ’s media reporter Zhang Ruiying reported on December 30: Recently, the National Development and Reform Commission officially approved the European Investment Bank loan for the Yangtze River Economic Belt Rare Tree Species Protection and Development Project Fund Application Report, the Ministry of Finance and the European Investment Bank formally signed a project loan agreement. It indicates that the project will be officially launched in our province.

The Yangtze River Economic Belt Rare Tree Species Protection and Development Project is jointly financed by the World Bank and the European Investment Bank. The project loan amount reaches US $ 370 million. It is currently the largest loan project invested by the International Financial Organization in China's forestry sector. The project involves Anhui, Jiangxi, and Sichuan. 3 provinces.

The Jiangxi Yangtze River Economic Belt Rare Tree Species Protection and Development Project declared by our province is one of the sub-projects, with a planned total investment of 1.5 billion yuan, of which 100 million euros (equivalent to RMB 750 million) are applied for loans from the European Investment Bank. ; Construction period of 5 years (2019-2023), repayment period of 25 years (including 5 years of grace period).

The project is distributed in 25 counties (cities and districts) in 10 districts and cities, including Chongyi County, Jishui, Hengfeng County, Ganzhou, Ji'an, and Shangrao. Rehabilitation of 32,000 hectares and cultivation of 5,000 hectares. The project focuses on the protection and development of rare tree species, with the goal of improving the quality of forest ecosystems, enhancing the ability to respond to climate change, increasing biodiversity and forest carbon sinks in the Yangtze River Basin, and reducing soil and water loss.

Rare tree species play an important role in maintaining system stability and enriching biodiversity. The European Investment Bank loaned the Jiangxi Yangtze River Economic Belt Rare Tree Species Protection and Development Project through scientific planning to scientifically promote the protection and development of rare tree species, which is conducive to improving forest quality, improving the structural stability of ecosystems, enriching biodiversity, and continuously enhancing the comprehensive forest efficiency . It is of great practical significance to enhance the province's timber supply capacity, improve regional resources and environmental support capacity, promote local economic and social development, and improve people's production and living conditions and people's livelihood.

It is understood that the European Investment Bank loan Jiangxi Yangtze River Economic Belt Rare Tree Species Protection and Development Project to be launched this time is the third phase of the forestry project implemented by the European Investment Bank Loan in our province. The first two phases of the European Investment Bank loan project (Jiangxi Biomass Energy Forest Demonstration Project and Jiangxi Poyang Lake Basin Forest Quality Improvement Demonstration Project) have been fully prepared, started early, made rapid progress, and achieved good results, which have been well evaluated by the European Investment Bank. The implementation of this project in Jiangxi will definitely expand the cooperation results and further improve the forest quality in Jiangxi.

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