Launching the Species Conservation Fund with a total budget of 1.4 million USD in Vietnam

(Environmental News) - This year's World Environment Day marks the launch of the US$1.4 million Species Conservation Fund in Vietnam. This is a Fund established by the Biodiversity Conservation Component of the Sustainable Forest Management and Biodiversity Conservation (VFBC) Project, funded by the United States Agency for International Development (USAID).

The Fund aims to support governmental organizations and civil society organizations implementing initiatives on biodiversity and wildlife conservation. Today's launch of the Foundation is to emphasize once again the message of World Environment Day 2022: it is imperative to conserve biodiversity and wildlife worldwide. Ra[-]mắt[-]Quỹ[-]Bảo[-]tồn[-]Loài[-]với[-]tổng[-]kinh[-]phí[-]1,4[-]triệu[-]USD[-]tại[-]Việt[-]Nam

Photo: BV Tuan
The Species Conservation Fund is one of the activities under the Biodiversity Conservation Component – there are total The cost is 38 million USD. The Foundation's objective is to enhance the effectiveness of biodiversity conservation in Vietnam through the coordination of local conservation organizations. Especially, Conservation Fund Species will support local NGOs and research organizations, implementing activities that contribute to the conservation of important wildlife species in the field. The Fund will provide small funding packages, ranging from $20,000 to $50,000, to carry out activities related to species conservation for a period of up to 1.5 years.
“Protecting the environment and biodiversity is important to sustainable economic development, and today Vietnam is one of the key partners of the US Government in global biodiversity conservation efforts. Conservation Fund species is a great initiative to increase support for local organizations that conserve wildlife, forests, and biodiversity for the future,” said Ann Marie Yastishock, USAID Director. Vietnam confirm.
Vietnam is one of the countries with the highest biodiversity in the world. However, over-exploitation of forest resources, forest conversion and unplanned land use over the past decades have resulted in a shrinking natural forest area. These causes, together with the illegal hunting and trade of wild species, have caused many species of animals and plants to be seriously threatened with some species at risk of extinction. Many of these species are endemic, iconic species such as Saola, Truong Son striped hare and several species of turtles. Conservation Fund species will prioritize supporting conservation and research initiatives that focus on endemic, rare and endangered species.
The Biodiversity Conservation Component is currently one of the joint efforts of the US Government and Vietnam on biodiversity conservation. The component is implemented by WWF and the Ministry of Agriculture and Rural Development, and other partners from 2021 to 2026. The component aims to maintain and enhance forest quality, protect and conserve wildlife populations in national parks, species conservation areas - habitats of high conservation value in Vietnam.
Mr. Vu Van Hung, Deputy Head of the Forestry Project Management Board, Ministry of Agriculture and Rural Development, VFBC Project Director, said: “The Biodiversity Conservation Component has been implemented in 21 forests. special-use forests and protection forests. We hope that the initiatives of Conservation Fund Species will be able to integrate with the activities of the Component to maximize its effectiveness, as well as increase the participation of community-based organizations in biodiversity conservation.”
The Species Conservation Fund will start accepting applications for proposals from June 2022. It is hoped that the projects supported by the Fund will be able to ensure the extensive involvement of local organizations, thereby gathering more information and indigenous knowledge on conservation and accurate assessment done. status of species populations. Thereby, the Fund will contribute to effective conservation of important wildlife species, as well as improve the capacity of local conservation organizations.
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