European Investment Bank keen to support Indonesia on climate action


JAKARTA, Feb 20 (Bernama): The European Investment Bank (EIB) Group is interested in supporting the Indonesian Blue Economy ambition of marine protected areas and plastic waste reduction through its Clean Ocean initiative.

Vice-president Gelsomina Vigliotti said the European Union’s lending arm is ready to back the Indonesian government’s plans to rehabilitate some 600,000 hectares of degraded mangroves -- deemed as vital ecosystems that will help tackle climate change -- by 2024.

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