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World Bank Development Report 2003
Plans to offer $20 million for Seychelles biodiversity in the offing

August, 2002

Preparation of funds for the Seychelles Biodiversity Project amounting to $20 million is in the process of being approved, while one million US dollars has already been approved for a yet to be specified non-governmental organisation project.

Seychelles' delegation at the ongoing World Summit on Sustainable Development (WSSD) in South Africa said this Friday explaining that the affirmation came on Thursday during the presentation of World Bank Development Report 2003 and consultation the Seychellois held thereafter with World Bank General Environment Facility (GEF) coordinators.

Confirming this to Nation on telephone Friday, the director general for policy planning and services division, Mr Rolph Payet, explained however that $9 million would emanate directly from the Facility, while the other $11 million would come from donors.

The Seychelles team, which includes Minister Ronnie Jumeau of Environment as head of delegation, director for International Relations in Tourism Mr Terry Jones, and director for conservation Mr John Neville, also reported that the Alliance of Small Island States (AOSIS) would themselves host a summit Sunday, September 1 in Johannesburg.

Seychelles will be expected to make a keynote statement on its progress in the implementation of a number of environmental conservation pursuits at Sunday's meeting.

The primary objective of the forthcoming summit is to evaluate the progress of Small Island Developing Nations (SIDS) in the WSSD negotiations, and to also endorse the launching of the preparatory process for organising the island states' own sustainable development summit in 2004.

The latter, they said, would come ten years after the birth of the Barbados Action Plan for Sustainable Development of Small Island Developing States.

Source: Seychelles Nation Online

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