Trade and environment
Securing equitable, inclusive and sustainable economic growth and development in the LDCs requires building their resilience to withstand crises and emerging challenges linked to the impact of climate change. Through the Diagnostic Trade Integration Studies, many LDCs have now acknowledged the need to integrate environmental considerations into their economic policies and poverty alleviation programmes. As a consequence, EIF projects increasingly include an environmental component.
In Mali the EIF is supporting a forestry gum arabic project that entails planting acacia trees on 10,000 hectares of land in six regions (some of the most vulnerable provinces in Mali) with a focus on reducing poverty and addressing environmental degradation and sustainable land management.
The project takes on issues of sustainable ecological development, such as the need to preserve the arid regions of the country through reforestation with the aim to prevent the loss of plant species in the Sahelian zone and fight against desert encroachment and climate change while maintaining the balance of the eco system. The Mali gum arabic project is part of the regional efforts in the "Great Green Wall of Africa" initiative aimed at halting the advancing Sahara desert and entails initiatives aimed at fostering local communities' ownership over natural resources and sensitizing nomadic pastoralists to desist from excessive cutting of acacia trees for feeding of their livestock.
In Vanuatu the Tourism Infrastructure Project aims to contribute towards Vanuatu's reconstruction, after the devastation caused by Tropical Cyclone Pam in March 2015. The project helps Vanuatu to rebuild its vital tourism infrastructure and in particular support the regeneration of the tourism portside and seafront precincts in Port Vila. The project also ensures an integrated approach to environmental management, with an improvement in resilience to natural disasters and climate change. As an example, the building of a rock revetment along the bay will help protect the coastline from further erosion, other cyclones and sea level rise.