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Decree-Law No. 38/2017 amending the financing regime for projects related to environmental preservation activities, as well as the organization and operation of the Environmental Fund.

Country/Territory
Cabo Verde
Document type
Legislation
Date
2017
Source
FAO, FAOLEX
Original source
Boletim Oficial, Série I, No. 51.
Subject
Environment gen.
Keyword
Ecosystem preservation Financing Environmental planning Special fund Liability/compensation Policy/planning
Geographical area
Africa, Atlantic Ocean Islands, North Atlantic, Sahel, Small Island Developing States, Western Africa
Entry into force notes
This Decree-Law enters into force on the day after its publication.
Abstract

This Decree-Law amends the financing regime for projects related to environmental preservation activities, as well as the organization and operation of the Environmental Fund. Amendments deal with the following aspects: Counterparts of projects concerning the environment and compensations resulting from changes in the institutional legal framework. Issue of financial contributions in the context of conventions and international organizations related to the activities of preservation and conservation of the environment, which Cape Verde is a party. Financial and equity management of the Environment Fund, including the organization of accounting. The Environment Fund may, in pursuit of its object, in strict compliance with the provisions of this law and in accordance with the Environmental Investment Directives (DIA): Contract loans; Sell or lease its income; Issue bonds and other related activities.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Amends

Decree-Law No. 62/2016 regulating the system of financing projects related to environmental preservation activities, as well as the organization and operation of the Environmental Fund.

Legislation | Cabo Verde | 2016

Keyword: Ecosystem preservation, Offences/penalties, Financing, Environmental planning, Special fund, Policy/planning

Source: FAO, FAOLEX

Implemented by

Resolution No. 108/2017 approving Environmental Investment Directives for the period 2017-2020 for municipal projects and 2017-2021 for Central Administration projects.

Legislation | Cabo Verde | 2017 (2020)

Keyword: Ecosystem preservation, Financing, Environmental planning, Special fund, Liability/compensation, Solid waste, Education, Hazardous waste, Policy/planning, Freshwater pollution, Pollution control

Source: FAO, FAOLEX