Amazon to make investment of $3 mn in nature-based projects in India

E-commerce major Amazon on Monday said it will make an initial investment of USD 3 million in nature-based projects in India. The allocation is part of the company's USD 15 million fund it has allocated for nature-based projects in Asia Pacific (APAC). "The first USD 3 million from the fund's APAC allocation will support nature-based projects in India. "For its first project, Amazon will be working with the Centre for Wildlife Studies (CWS) to support communities and conservation efforts in the Western Ghats, which is home to more than 30 per cent of all of India's wildlife species, including the world's largest population of wild Asiatic elephants and tigers," the company said in a statement. Amazon will provide USD 1 million to help CWS establish the "Wild Carbon" program, which will support 10,000 farmers in planting and maintaining one million fruit-bearing, timber and medicinal trees, according to the statement. "The Asia-Pacific region is home to vast forests and rich coasta

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