By Agency
European Union (EU) is making available grant financing to Uganda of Ugx. 167 billion in new funding to tackle the root causes of deforestation in Uganda while promoting reforestation and sustainable economic development.
On Tuesday, President Yoweri Kaguta Museveni together with the visiting European Union (EU) Commissioner for Environment, Oceans and Fisheries, Mr. Virginijus Sinkevičius, launched the new EU Forestry programme which will see Uganda benefit from the extensive experience of the EU in the forestry sector.
Mr. Virginijus noted that the grant comes as a milestone that demonstrates common aspirations in achieving the European Green Deal objectives and the Global Gateway – the EU’s sustainable connectivity strategy.
Both the EU and Government of Uganda have laid the groundwork for commercial forestry in Uganda, particularly in the last 15 years, through which the two have accumulated collective experiences and efforts to identify and implement inclusive solutions that strike a balance between different land uses, reduce deforestation, forest degradation and unsustainable conversion of natural ecosystems.
