The project's board management (Photo:http://www.baolaocai.vn)

The northern mountainous province of Lao Cai has readied itself for implementing the project “Sustainable Forest Management and Biodiversity as a Measure to Decrease CO2 Emissions”, the local project steering board said on July 29.

The project, also known as the KfW8 project, has a total investment of 84.3 billion VND (about 3.9 million USD) funded by concessional and non-refundable official development assistance of the German Government.

Lao Cai has set up project management boards at the provincial and district levels, designed a plan on project financing and completed relating administrative procedures.

To improve the capacity of project implementation, the steering board will focus on personnel training. Accordingly, workshops, technical and financial training, and experience exchanges with other provinces benefiting from the project will be organised during the remaining months of 2015.

Under the project, biodiversity surveys in the Hoang Lien nature reserve in Van Ban district will be conducted. The project will also assist the design of a nature sanctuary in Bat Xat district and organize community-based forest patrols.

Lao Cai is one of the five provinces carrying out the KfW8 project from now to 2021. The others are Yen Bai, Lai Chau, Ha Giang and Bac Kan.-VNA