Climate Change Trust Fund receives money for new projects
20 Sep 2012, 2:30 PM
Daniel Bosley
The Maldives government and its international partners today announced the launch of three projects under the World Bank administered Maldives Climate Change Trust Fund (CCTF).
A total of US$8.5million has been contributed by Australian Agency for International Development (AusAID) and the European Union (EU) to the CCTF to assist with these projects.
The CCTF was established in 2010 after the signing of an MOU between the Maldives government, the World Bank Group and the EU with the aim of targeting solid waste management, capacity building for environmental management, and technical assistance for monitoring and managing key natural assets.
The projects announced today included the Ari Atoll Solid Waste Management Pilot (AASWM) and a project called Wetlands Conservation and Coral Reef Monitoring for Adaptation to Climate Change (WCCM).
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