The German Embassy recently announced that the four-year project namely "Annamites Carbon Sinks and Biodiversity" targets to prevent forest degradation and promote sustainable management of 200,000 hectares of forests in the central provinces of Quảng Nam and Thừa Thiên-Huế and a national park in Laos.
The area, part of the Trường Sơn Mountain Range and a portion of the biggest mixed-forest region in Asia, is home to many endangered species such as Indochina Tiger, Saola (Pseudoryx nghetinhensis) and douc langurs (Pygathrix).
The project marks a milestone in the joint commitments made by the German, Vietnamese and Lao Governments to prevent the degradation of global biodiversity, said Project manager Nils Meyer.
A majority of the funding around US $10.3 million will come from Germany's Federal Ministry for the Environment, Nature Conservation and Nuclear Safety through KfW Entwicklungsbank (the German Development Bank). The rest of funding will come from the WWF Germany./.