World Bank approves loans to China for agriculture and rural areas –

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Jakarta ( – The World Bank has approved a US$345 million loan to boost the development of green agriculture and rural areas in central China’s Hubei and Hunan provinces, the bank’s Beijing branch said on Saturday (29/4).

The loan, along with government funds, will be used to reduce greenhouse gas emissions from crop and livestock breeding, increase soil carbon sinks, enhance biodiversity protection and restore agricultural ecosystems.

Also support local governments to integrate environmental and decarbonization goals in rural revitalization plans and investment projects, according to the branch.

Efforts will be made in a number of areas, such as providing training and agricultural extension services to farmers and cooperative members, encouraging farmers and food processors to adopt climate-smart farming technologies and good agricultural practices, optimizing rural sewage and waste treatment services, and introducing standards and methods relating to green agriculture and rural development.

“The program will introduce innovative targets and practices for green agriculture while increasing the resilience of the government’s rural revitalization programs in Hubei and Hunan, generating lessons that can be applied across the country,” said World Bank Country Director for China, Mongolia and Korea Mara Warwick.

Messenger: Xinhua
Editor: Desi Purnamawati


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