Benzinga | Dec 9, 2021 09:48PM EST

Tetra Tech Wins $24M USAID Carbon Mitigation And Biodiversity Conservation Contract

Tetra Tech, Inc. (NASDAQ:TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a five-year, $24 million single-award contract to reduce greenhouse gas emissions and promote biodiversity conservation in Cambodia.

Through the USAID Morodok Baitang (or "Green Heritage" in Khmer) activity, Tetra Tech will work with natural resource-dependent communities, the private sector, civil society, and other development partners to mitigate climate change, enhance biodiversity, increase economic development, and strengthen natural resource governance. In addition, Tetra Tech's climate change and economic growth experts will leverage private sector partnerships with communities to support conservation, promote climate-sensitive development, and enhance economic opportunities for communities whose livelihoods depend on forests.

"Tetra Tech has supported USAID to mitigate climate change impacts and sustainably manage natural resources in developing countries for more than 40 years," said Dan Batrack, Tetra Tech Chairman and CEO. "We look forward to continuing to apply our Leading with Science(r) approach to support climate resilience and biodiversity conservation in Cambodia."