[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korea Forest Welfare Institute is stepping up to support the management stability of operators conducting forest experience education projects.
The Forest Welfare Institute announced on the 10th that it will support the management stability of organizations and groups implementing the Lottery Fund Green Fund public offering projects, which have been struggling due to the spread of the novel coronavirus infection (COVID-19).
The support will focus on improving the execution conditions to allow the use of 200 million KRW (equivalent to 112 personnel) earmarked for internal labor costs from the project funds allocated to institutions and groups selected as forest experience and education project operators this year.
To this end, the Forest Welfare Institute plans to receive applications for internal labor cost usage from each project implementing institution and group, and from this month until the end of COVID-19, assist in ensuring that the related budget is stably executed.
The Lottery Fund Green Fund is a fund operated and managed by the Forest Service Commissioner using lottery sales proceeds for the purpose of protecting the forest environment and enhancing forest functions, based on the "Act on the Creation and Management of Forest Resources."
Kim Young-seok, Director of the Green Fund Management Office, said, “We are revising the Green Fund management regulations to support employees of project implementing institutions and groups facing crises due to COVID-19,” adding, “The Korea Forest Welfare Institute will continue to actively strive for the management and livelihood stability of project operators.”
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