|
|
|
|
|
|
|
Pilot Program to Conserve
|
|||||
| Why | When | Goals | Projects | Partners | Achieved | |
|
When and how was the Program established? At the summit meeting of the Group of Seven (G-7)
industrial countries in Houston, Texas, in 1990,
German Chancellor Helmut Kohl called for a pilot program to
reduce the rate of deforestation of Brazil’s rain forests.
Representatives of the Brazilian government, the World Bank,
and the European Commission worked together to outline a
program. Delegates of the G-7 and the European Union
approved the program in December 1991 and, together with the
Netherlands, pledged some $250 million for the
program. About one-fifth of the total ($50 million) was to
go to a central Rain Forest Trust Fund. The
participating countries (the "donors") would
provide the remaining funds through supplementary funding
(co-financing) of projects proposed for the program and
through their technical cooperation services. Virtually all
of the funding was to be made available as grants. The G-7 asked the World Bank to
coordinate the program among the donors and the Brazilian
government (the participants) and to administer the trust
fund. The World Bank was selected because it is an
international organization, not linked to a particular
donor, with the experience and technical capacity to guide
the design of projects and supervise their implementation. |
||||||
Return to the top of this page