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World Bank aid for coastal zone resources

    JOHANNESBURG

    The World Bank on Monday approved a credit of US $5.6 million for Mozambique to assist the government in achieving sustainable economic development of coastal zone resources.

    The bank said in a statement that the funds would be used to support the Coastal and Marine Biodiversity Management Project, a key element of Mozambique's National Coastal Zone Management Programme.

    "The project will pilot and refine an approach through strategic development planning that balances ecological, social and physical values with the varying development interests in the coastal zone," the bank said.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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