Yen Bai pays over 575 billion VND for forest environmental services in the period 2021 - 2025

Since the beginning of the year, the Yen Bai Provincial Forest Protection and Development Fund has received 33.6 billion VND in forest environmental service (FES) revenue. To date, the Fund has disbursed 11 billion VND.

Of which, Mu Cang Chai Protective Forest Management Board disbursed 8 billion VND; Tram Tau Protective Forest Management Board disbursed 3 billion VND. The payment of forest environmental services was made to the right subjects, promptly, publicly and transparently, contributing to increasing income and motivating people to actively participate in forest management, protection and development. Thanks to that, the province's forest coverage rate has always been maintained at 63%.

It is known that in the period of 2021 - 2025, Yen Bai province has done well in collecting and paying for forest environmental services according to regulations. Of which, revenue from forest environmental services reached 653.5 billion VND, payment for forest environmental services was over 575.7 billion VND. At the same time, it has done well in managing and effectively using the source of funds for reforestation. Specifically, revenue from reforestation reached 84.6 billion VND, and to date, over 55 billion VND has been disbursed.

The policy of payment for forest environmental services not only provides a stable source of income for people but also stimulates awareness of forest protection, creates a strong motivation for people to stick with forest protection and development, contributes significantly to increasing forest cover and improving forest ecology in localities. This is also an important source of funding for grassroots groups and teams to enhance their responsibility in managing and protecting local forests and increase income for many households, creating motivation for people to stick with, preserve and develop forests.

Manh Cuong

Source: https://baoyenbai.com.vn/12/351897/Yen-Bai-chi-tra-tien-dich-vu-moi-truong-rung-tren-575-ty-dong-tr111ng-giai-doan-2021---2025.aspx