Food and Agriculture Organisation of the United Nations (FAO) has pledged USD 42 million to help Angola gain access to carbon markets with a view to improving environmental quality.
This was announced Tuesday by FAO representative in Angola, Gherda Barreto Cajina, when speaking at the end of an audience granted by the Vice President of Republic, Esperança da Costa.
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The FAO official said that the fund will allow to introduce within the populations of the south and eastern provinces of the country the best traditional practices in terms of management.
Gherda Cajina said she had received assurances that Angola will seek to involve other African countries, particularly island countries, in promoting the blue economy and creating resilience to climate change.
According to Gherda Cajuna, Angola has conditions and is ready to access funds and strengthen a vision of development and blue economic growth.
She stated that the Angolan government has created the political, legal and institutional conditions in order to consolidate a vision of development and blue economic growth.
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The official predicted the creation of conditions for 2023 to move towards more targeted funding for environmental management in communities.
The Angolan Vice-President, Esperança da Costa, met with the FAO Deputy Director-General, Maria Helena Semedo, on the sidelines of the COP27, held in Egypt.