The World Bank’s Board of Executive Directors today approved a US$320 million loan to promote green agriculture and rural development in China’s Southwest Region. This support will contribute to global public goods, including reducing agricultural plastics pollution and greenhouse gas emissions (GHG) from farming, and improving biodiversity protection and restoration, while strengthening the institutional capacity of local governments to integrate environmental objectives in government rural revitalization plans and investments. The World Bank financing will complement over US$4.69 billion of China’s own resources.
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