World Bank Helps Reforest China's Shandong Province

The World Bank recently approved a USD60 million loan for an environmental project that aims to reduce water and soil erosion and protect agricultural land in the province of Shandong, in eastern China. The project will re-vegetate 38,000 hectares of degraded land and develop approximately 28,000 hectares of forest belts and plantations along the province’s saline coastal area.

The World Bank loan will cover 50 percent of the project cost. The remaining cost with be covered by counterpart funding.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.