Malaysia’s mangrove-planting fishermen stumble at nature finance hurdle - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

This month, a new global fund was launched by the Rights and Resources Initiative and Campaign for Nature to help indigenous and local groups conserving forests and other ecosystems on the ground access international finance more easily. READ:

They have put in some 400,000 mangrove trees since a restoration initiative started two decades ago, in what was initially a bid to increase the catch of local fishermen.

“Mangroves are important to us fishermen — we need them because this is the breeding ground of fish,” said Ilias, 70, recalling how dwindling mangrove forests affected his catch and livelihood, which prompted him to launch the initiative. As fish catches dwindled for him and other fishermen in the late 1990s, Ilias mobilized his peers to join him in restoring the fast-vanishing mangrove forests through the Penang Inshore Fishermen Welfare Association , which he leads.

Now, Ilias is hoping to access larger sums of global funding to plant more trees, but he is struggling with challenges — from ways to access available money and scale up the project to other issues like language barriers and a lack of technical expertise.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is this real? Or this is not real? 🤓 mais je suis un artiste 😭 You can’t hide. 🥱

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business groups press bicam committee to adopt ‘most liberal provisions’ of PSA bill - BusinessWorld OnlineVARIOUS business groups and foreign chambers are pressing the Bicameral Conference Committee to adopt the “most liberal provisions” of a measure amending the Public Service Act (PSA), which they said would help the Philippines attract much-needed foreign investments as it recovers from the pandemic.
Source: bworldph - 🏆 9. / 68 Read more »