China is taking a significant step in its ongoing efforts to combat desertification and enhance ecological restoration by establishing a special fund for the Three-North Shelterbelt Forest Program (TSFP).
According to a circular released on Monday, the government has earmarked a substantial 12 billion yuan (approximately $1.7 billion) from this year's central budget to support the large-scale afforestation initiative. This funding underscores China’s commitment to expanding green spaces and improving environmental health across the region.
The Ministry of Finance (MOF) announced that future allocations will be determined based on the evolving needs of the program, ensuring sustained financial support for the TSFP in the coming years. This strategic investment aims to restore degraded lands, create sustainable forest ecosystems, and contribute to the global fight against climate change.
The Three-North Shelterbelt Forest Program, also known as the “Great Green Wall,” has been a cornerstone of China’s environmental policy. By increasing forest cover, the program seeks to stabilize the climate, reduce soil erosion, and provide habitats for diverse wildlife, thereby fostering a more resilient and sustainable environment.
This latest financial commitment highlights the importance of long-term planning and resource allocation in achieving significant environmental milestones. As China continues to prioritize ecological restoration, the TSFP is poised to make a lasting impact on the country’s landscape and contribute to broader global sustainability goals.
Reference(s):
China sets up fund to support Three-North Shelterbelt Forest Program
cgtn.com
