Ministry of Finance has revealed that MVR 51 million has been utilised from the Green Fund in April to fund 31 projects.
The latest Green Fund Report published by the finance ministry shows 31 projects were financed in April. The projects include establishing coastal protection, water supply, waste management, and sewerage systems in various parts of the country.
The Green Fund report shows the biggest contribution in April was made to the establishment of the water and sewerage system in Maalhendhoo, Noonu Atoll, with MVR 8.2 million spent on the project. The second-largest contribution was made to the construction of coastal protection structures in Thulhaadhoo, Baa Atoll, with MVR 7.7 million spent on the project.
The Green Fund has received MVR 379.5 million so far this year while MVR 319.8 million has been utilised. The Green Fund contains MVR 767 million as of April.