Tibet to invest over $563m to protect its environment

The government of the Tibet autonomous region plans to invest more than 3.5 billion yuan ($563 million) in 2013, 10.5 percent more than last year, in environmental protection.

According to the draft budget of 2013, which the regional finance department submitted for the legislature's approval on Thursday, the investment will also support the building of an ecological safety screen on the plateau.

More than 3.23 billion yuan will be used for major forestation projects and for compensating and rewarding locals who protect and grow grass and forests and conserve wetlands, lakes and water resources.