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Date Time Dominican Republic Signs Agreement with World Bank to Curb Carbon Emissions and Reduce Deforestation The Dominican Republic’s Ministry of Finance and Ministry of Environment and Natural Resources signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking payments of up to US$25 million for verified carbon emission reductions between now and 2025 through the country’s emissions reduction program. “This agreement is a country achievement, a reason for celebration and progress in the fight against the challenges of climate chang...

Date Time Share Nepal and World Bank Sign Innovative Financing Agreement on Forests and Climate Change for Building Back Greener The agreement of up to US$45 million will also promote sustainable livelihoods and land use in Nepal’s resource-rich lowlands. Kathmandu, February 26, 2021 – The Government of Nepal signed a landmark agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to US$45 million to support Nepal to decrease carbon emissions from deforestation and forest degradation through 2025. With this Emission Reductions Payment Agreement (ERPA) i...

Madagascar’s Ministry of Finance and Ministry of Environment, Ecology and Forests signed an agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to $50 million for efforts to reduce carbon emissions from deforestation and forest degradation between 2020 and 2024. With this Emission Reductions Payment Agreement (ERPA) in place, Madagascar is expected to reduce 10 million tons of carbon dioxide emissions from the country’s rainforest-rich eastern coast. “Reducing emissions related to deforestation and forest degradation is a crucial part of Madagasca...

Madagascar Signs Landmark Agreement with the World Bank to Reduce Poverty, Deforestation and Carbon Emissions Email The $50 million agreement will help to alleviate poverty among forest-dependent communities, while reducing carbon emissions from deforestation and forest degradation. ANTANANARIVO, February 5, 2021 — Madagascar’s Ministry of Environment and Sustainable Development signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to $50 million for efforts to reduce carbon emissions from deforestation and forest degradation b...

Date Time Madagascar Signs Landmark Agreement with World Bank to Reduce Poverty, Deforestation and Carbon Emissions The $50 million agreement will help to alleviate poverty among forest-dependent communities, while reducing carbon emissions from deforestation and forest degradation. ANTANANARIVO, February 5, 2021 – Madagascar’s Ministry of Finance and Ministry of Environment, Ecology and Forests signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to $50 million for efforts to reduce carbon emissions from deforestation and fores...