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Shs12 billion for Natural resources management

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Shs12 billion for Natural resources management

The grant will be disbursed over two years through the Uganda Multi-Donor Trust Fund (MDTF)

KAMPALA, October 28, 2020 – The World Bank and the Embassy of Sweden signs a partnership agreement providing Swedish Krona 30 million (approx. US$3.3 million or UGX12.3 billion) to support the Government of Uganda effectively manage natural and tourism resources sustainably, including activities aimed at enhancing sustainable livelihoods of communities and at combating effects of climate change.

The grant will be disbursed over two years through the Uganda Multi-Donor Trust Fund (MDTF), a World Bank-administered fund that mobilizes donor contributions and invests in strategic areas to promote an effective implementation of the National Development Plans and priorities to achieve the overall goals of the national Vision 2040.

The MDTF, which complements the World Bank’s lending, advisory and analytical support, has been active since 2018. The Fund finances activities delivered through five complementary and interlinked windows to improve development outcomes. These include promoting green growth, economic governance, strengthening community resilience, enhancing private sector development, and job creation and development effectiveness.

 The Sida contribution will finance activities under Window Five of the MDTF aimed at “promoting green growth”. Sida is the first donor under this window, which supports the Government of Uganda’s green growth agenda for improving sustainable management of forests and wildlife protected areas to increase benefits from forests, protected areas and wildlife. The Window recognises the importance of green growth to support economic recovery from the COVID-19.

 “We believe that this project shall contribute to increased capacity of NFA and UWA and will also lay a foundation for future collaboration and support from other development partners. We remain committed to supporting Uganda to meet its Nationally Determined Contributions to combat climate change while attaining economic growth that does not adversely affect the environment,” said Ola Hällgren, the Head of Development Cooperation at the Embassy of Sweden.

 “Managing resources sustainably stretches beyond environmental and climate benefits. It creates jobs, providing vital livelihoods and opportunities out of poverty for Ugandans. That is very important to help communities build back better after the COVID-19 pandemic,” said Tony Thompson, World Bank Country Manager for Uganda.

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