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Meghalaya Landscapes Management Project
April 23 , 2018
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- The Union Ministry of Finance has signed Loan Agreement with IBRD (International Bank for Reconstruction and Development) loan of US $48 million for Meghalaya Community – Led Landscapes Management Project (MCLLMP).
- The project aims to strengthen community-led landscapes management in selected landscapes in Meghalaya by 2023.
- The project consists of three components,
- Strengthening knowledge and capacity for natural resource management.
- Community-led landscape planning and implementation.
- Project management and governance.
- The Restoration of degraded and highly degraded landscapes under the project will increase water for local communities and improve soil productivity which will in turn increase incomes and reduce poverty.
International Bank for Reconstruction and Development
- The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries.
- The IBRD is the first of five member institutions that compose the World Bank Group.
- It was established in 1944 with the mission of financing the reconstruction of European nations devastated by World War II.
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