External News

Efforts to reduce deforestation in developing tropical countries continue to provide promising opportunities to limit greenhouse gas (GHG) emissions while simultaneously addressing development concerns.

The World Bank has said that it is no longer providing the National Toshaos Council (NTC) with the funds to educate Amerindians about the Low Carbon Development Strategy (LCDS).
This was confirmed yesterday by Yvonne Pearson, who heads the NTC.

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.

RusForest's Board has signed a tender letter to Clean Tech East regarding an acquisition of all shares in Clean Tech East's wholly owned subsidiaries EBH and BEN - which together form Clean Tech East's Biomass Fuels business segment, whose business is to manufacture and sell wood pellets.