ASEAN launches haze fund of USD 5,00,000

ASEAN launches haze fund ofUSD 5,00,000

6 March 2007

published by www.zeenews.com


Southeast Asia — ASEAN has launched a fund with an initial sum of USD5,00,000 to control transboundary haze.

The agreement on the fund was reached at the second meeting of the Conference ofthe Parties (cop) held last week in Bandar Seri Begawan, according to astatement faxed to Bernama here.

The statement did not, however, specify how much each member country would haveto contribute to the ASEAN transboundary haze pollution control fund.

The strategies to encourage contributions from other countries beyond theregional association as well as organisations and the private sector were alsodiscussed during the conference, it said.

According to the statement, Malaysia also indicated its willingness to assistIndonesia with capacity building by undertaking a number of projects, includingworking with plantation companies to implement zero burning practices and otherpreventive measures.


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