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CFDC Press Release: Land rental fees
By: NUCFDC
Published: July 31, 2015
Countries: Liberia
Topics: FLEGT, REDD+
Document type: Briefing note
Document ID: 3441
View count: 533
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CFDC Press Release: Land rental fees

On Friday July 17, 2015, the GOL deposited One Million ($1,000,000.00USD) in the account of the National Benefit Sharing Trust (NBST), the mechanism through which affected communities can directly access their benefits from land rental fee payments made by logging companies. This amount represents a 50% part payment of the Two Million, One Hundred Twenty Three Thousand, Five Hundred Nineteen dollars, Two Cents ($2,123,519.02) that have currently been paid by logging companies to the government of Liberia for affected communities.