Printer Friendly

WWF Helps Set Up Amazon Trust Fund; Goal Is Protection of Area Bigger Than U.S. Parks System Over Next 10 Years.

Business Editors/Environment Writers

BRASILIA, Brazil--(BUSINESS WIRE)--June 3, 2004

World Wildlife Fund announced the creation Thursday of a permanent, multi-million dollar endowment to fund conservation efforts in the Brazilian Amazon in partnership with the World Bank, the Global Environment Facility and the government of Brazil.

In a ceremony at the presidential palace in Brasilia, WWF officials presented President Luis Inacio Lula da Silva with a check for $500,000 in seed money for the Amazon Region Protected Areas (ARPA) trust fund. The GEF contributed a matching $500,000 grant for the fund's initial capitalization.

The funds are in addition to some $80 million already raised by WWF and its partners to finance a 10-year plan to create a network of protected areas in the Brazilian Amazon one and a half times larger than the entire U.S. National Parks system.

"With the establishment of the ARPA trust fund, we have reached an important milestone in our efforts to reverse the tide of deforestation and secure permanent protection for the Amazon," said Guillermo Castilleja, WWF vice president for Latin America and the Caribbean. "While we still have a long way to go, ARPA is no longer a dream. It's a reality in the making."

When fully capitalized at $240 million, the ARPA trust fund will be used to maintain and ensure continued protection of a 190,000 square-mile network of national parks and sustainable use reserves spanning an area larger than the state of California.

Similar to successful trusts that WWF has set up around the world, in places like Bhutan, Mexico and the Philippines, the endowment fund will "help guarantee that the parks are protected in fact, not just in name," added Matt Perl, WWF director for Amazon protected areas.

Brazilian environmentalist Paulo Nogueira-Neto, a member of the board of WWF-Brazil, presented the WWF check to President Lula at a ceremony in the Planalto presidential palace. Other participants included Brazilian Environment Minister Marina Silva and Dr. Rosa Lemos de Sa, conservation director of WWF-Brazil.

One of the largest and most ambitious conservation projects ever undertaken, ARPA is a partnership between the Brazilian government, the World Bank, the GEF, World Wildlife Fund, the German Development Bank and the Brazilian Biodiversity Fund.

More than 20,000 square miles of new protected areas have already been established under ARPA, including the 15,000 square-mile Tumucumaque Mountains National Park. Other areas have been mapped and are undergoing scientific evaluation for inclusion in the ARPA network.

Editors' Note: ARPA was conceived and implemented with support from the World Bank/WWF Alliance for Forest Conservation & Sustainable Use. For more information on the Alliance, visit http://www.forest-alliance.org. For more information about WWF, visit http://www.worldwildlife.org

World Wildlife Fund, known worldwide by its panda logo, leads international efforts to protect endangered species and their habitats and to conserve the diversity of life on earth. Now in its fifth decade, WWF works in more than 150 countries around the globe
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 3, 2004
Words:497
Previous Article:HCPro Acquires Pharmaceutical Business Innovation News Provider.
Next Article:Dollar General Reports Increased May Sales; Opens 48 New Stores.


Related Articles
Wilderness report card.
Most forests have no protection.
Driving the mission home.
Death sentence for a tropical forest.
City to add last link to emerald chain.
A challenge to conservationists.
From a researcher on "conservation refugees".
From the Congo Basin.
More responses to "A Challenge to Conservationists".

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters