Euro 20 Million will be provided for the second phase of Billion Tree Afforestation Support Project (BTASP) to Pakistan.
Germany Offers Euro 20 Million for Tree Afforestation to Pakistan for supporting the green cover in the country. The Federal Republic of Germany will provide Euro 20 Million for the second phase of Billion Tree Afforestation Support Project (BTASP) to Pakistan. An agreement was signed after the approval of Federal Minister for Economic Affairs Ahad Cheema. Secretary Ministry of Economic Affairs, Dr. Kazim Niaz, and Ms. Esther Gravenkotter, Director of the German Development Bank KfW signed this agreement on the behalf of respective governments.
The project is an important part of the German-Pakistan Climate and Energy Initiative launched at COP26. The German Government is actively supporting Pakistan’s climate risk mitigation efforts. The partnership is through the Pak-German Climate and Energy Partnership (PGCEP).
The signing of this agreement involves German Ministry of Economic Cooperation & Development (BMZ). German Ministry of Economic Cooperation & Development (BMZ) funding through KfW for this program has reached Euro 33.5 million.
The first phase of BTASP (EUR 13.5 million) is already under implementation in partnership with the KP Climate Change, Forestry, Environment & Wildlife Department (CCFEWD).
BTASP will support the protection and sustainable management of forests in KP. The project will focus on new plantation of 10,000 hectors. It will also focus on capacity building of Forest Departments including developing a Management Information System.
BTASP will also engage and mobilize communities as key stakeholders in the preservation of forests. The project will support nature-based livelihoods generation geared to alleviate poverty. Moreover, it will promote women’s economic empowerment and participation in decision making processes. KfW has an active portfolio supporting the Government of Pakistan with a focus on renewable energy.
As Germany Offers Euro 20 Million for Tree Afforestation. Dr. Kazim Niaz said that the project is expected to contribute significantly to Pakistan’s climate change mitigation efforts, biodiversity conservation, and sustainable development goals.