Islamabad: The government signed a deal with the World-Wide Fund for Nature (WWF) for Pakistan and the Engro Foundation on Wednesday to repair 50,000 acres of degraded forest lands.
WWF-P, Engro Foundation, and the Ministry of Climate Change signed a memorandum of understanding (MoU) under which they agreed to join forces under a joint Forest Restoration Programme to restore 50,000 acres of degraded forest land in various parts of the nation at a cost of Rs. 600 million.
The afforestation would be monitored by the WWF-Pakistan.
He expressed regret that, despite the launch of numerous conservation programmes in various countries, the world continues to lose around 15 billion more trees each year as a result of unsustainable business practises, human production and consumption patterns, resulting in slowed economic growth, rising poverty, diseases, hunger, and species extinction.
We would only jeopardise efforts, including gains made so far for achieving sustainability of businesses and economies, which provide jobs and feed millions, unless we conserve and restore degraded forest landscapes and protect them.
Mr Amin said, adding that it was heartening to note that non-government and non-profit organisations, as well as some corporate leaders, had long advocated the case for private sector engagement in forest landscape restoration.
Engro Corporation President and CEO Ghias Khan said realising the full benefits that forests provide and the planet so dearly needs requires more than simply keeping current forests standing, a daunting goal that governments alone cannot achieve with their available scant resources.