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Madagascar, World Bank sign agreement to reduce poverty, deforestation and carbon emissions - Vimarsana News

Madagascar, World Bank sign agreement to reduce poverty, deforestation and carbon emissions

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 - Vimarsana News

Madagascar Signs Landmark Agreement with the World Bank to Reduce Poverty, Deforestation and Carbon Emissions

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...

Madagascar Signs Landmark Agreement with World Bank to Reduce Poverty, Deforestation and Carbon Emissions - Vimarsana News

Madagascar Signs Landmark Agreement with World Bank to Reduce Poverty, Deforestation and Carbon Emissions

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...