Bolivia and Peru Invest US$400 Million to Restore Lake Titicaca
Published on by Water Network Research, Official research team of The Water Network in Government
The governments of Bolivia and Peru will cooperate in a ten-year plan to restore South America's largest fresh-water lake
The governments of Peru and Bolivia signed a 10-year bilateral deal Saturday to work together to restore and preserve Lake Titicaca with a joint investment of more than US$400 million.
The agreement was signed in the Bolivian capital of La Paz by each country's environment minister and was the product of high-level political meetings held in June, 2015.
“On June 23 we had a historic meeting in an expanded cabinet between Peru and Bolivia, we are proud that the environmental sector is the first to give concrete, direct results and with the signing of this agreement that sets the guidelines of action for the recovery of Lake Titicaca," said Bolivian Environment Minister Alexandra Moreira.
Moreira added that that agreement emphasizes the environmental recovery and will better coordinate the environmental stewardship of the shared lake through bi-national, integrated environmental management programs.
Bolivian Foreign Minister David Choquehuanca said that the two countries would work to create a bi-national research center aimed at restoring Lake Titicaca's biological diversity.
Source: Telesur
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