LIBERIAN PRESIDENT SEEKS SENATE RATIFICATION OF US$150M FOREST ACCORD: Winnie Dixon of the Liberian News Agency Reports.... President Ellen Johnson Sirleaf has asked the Senate to ratify a six-year US$150 million partnership agreement signed between the Governments of Norway and Liberia. The partnership, which runs from 2014-2020, seeks to ensure that 10 percent or more of the Liberian forest is reserved while providing programs to build capacity and strengthen governance in national entities concerned with forest management. In a letter to the Senate October 28, President Sirleaf stated that the agreement would cover the allocation of direct pilot payment to communities for protecting their forests and ensure full compliance with the law. She said,70 percent of the agreement value will be paid between 2014 and 2015 while the balance will be settled between 2016 and 2020. She clarified that the cooperation will not restrict commercial forestry outside the 10 percent reserved forest. Liberia currently has around four percent of its land in forest reserve with much of it in Sinoe County. Meanwhile, the senate has mandated its Committees on Forestry, Agriculture and the Judiciary to review the document and advise the body.
Posted on: Sun, 02 Nov 2014 05:22:35 +0000
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