World Bank Group and the Convention on Wetlands of International Importance Pledge to Protect Wetlands

The Livanjsko Polje Ramsar site in Bosnia-Herzegovina.

(photo by Tobias Salathé)

The World Bank Group and the Secretariat of the Convention on Wetlands of International Importance (RAMSAR) on February 16 signed a Memorandum of Understanding (MoU) for cooperation in a program of scientific and technical exchange including technical expertise and capacity building related to wetlands and climate change.

Specifically, the MoU provides for cooperation between the two institutions on the following aspects:

a) The assessment, formulation, and development of climate change projects in wetlands.

b) The development of tools and methodologies to assess the magnitude of carbon sinks in mangroves.

c) The assessment of biomass density in wetlands.

d) The development of the wetlands typology and protocol for assessing net carbon storage or CO2 emissions under different conditions.

e) The formulation of “carbon sink assets” in wetlands.

f) Joint reporting in the technical scientific literature of the results of the cooperation; and

g) Exchange of scientific and technical support for the purposes of the points referred above

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