afforestation

China has spent a total of 1.5 billion U.S. dollars of foreign loans and grants on its forestry sector by the end of last year since the country started international cooperation on forestry development in 1985, the State Forestry Administration (SFA) announced Tuesday.

The foreign funding, together with 8.7 billion yuan (about 1.37 billion U.S.dollars) of domestic funds, has helped develop a total of 5.82 million hectares of artificial afforestation and increased standing timber volume by 550 million cubic meters in China, said the SFA.

CHANGWON ― Over the next five years, Korea will channel 3 billion won ($2.6 million) to plant millions of trees along the border areas of China and Mongolia to prevent the expansion of yellow dust storms here.

Toward that end, the Korea Forest Service (KFS) signed a memorandum of understanding (MOU) Tuesday with the two neighboring states on the sidelines of the United Nations Convention to Combat Desertification (UNCCD) conference in Changwon, South Gyeongsang Province.

Vienna, Austria, Oct 5, 2011 – To mark the UN designated International Year of Forests 2011, Mondi Uncoated Fine Paper has launched a new initiative to support re-forestation around the world in conjunction with the NGO OroVerde. Mondi, an international paper and packaging company, will donate 1 percent of the net proceeds of Green Range certified copy paper sold on November 15th to the OroVerde project “Guatemala – Tree for Tree.” For every euro donated to the project one tree can be planted.

A new study supported by the Green Party of Germany finds that compensatory afforestation has not taken off in many cases and forest conservation rules have helped industry more than environment.

New Global Restoration Council to be led by former Swedish Prime Minister Persson