18th September, 2014
Today Carbon-Plus Capital and Stakeholder Democracy Network signed a Letter of Intent with Bayelsa State Government of Nigeria’s Ministry of Environment.
The purpose of the Letter of Intent is to test and develop the various forms of market-based finance that underpin the concept of the Niger Delta Climate Resilience Initiative in line with the State’s strategic development objectives.
An important focus of the collaboration will be the future management of the Bayelsa State’s protected area management system which supports globally-significant and highly-threatened mangrove forest alongside other forest types including swamp forest and tropical rainforest.