Tag: FCPF
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Nepal Gets $9.4M for Forest Carbon Credits under FCPF
Nepal Secures $9.4 Million for Forest Carbon Credits Nepal has received a substantial payment of 9.4 million U.S. dollars from the World Bank’s Forest Carbon Partnership Facility (FCPF) as part of its REDD+ Emission Reductions Program. The funds recognize the country’s efforts to reduce greenhouse gas emissions by safeguarding forests and promoting sustainable land use.…
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Nepal Secures $9.4 Million for Forest Carbon Credits Under FCPF REDD+ Program
Overview: Nepal earns a significant milestone in forest protection Nepal has received a substantial payment of $9.4 million from the World Bank’s Forest Carbon Partnership Facility (FCPF) for its performance under the REDD+ Emission Reductions Program. The funding recognizes Nepal’s success in reducing greenhouse gas emissions by protecting and managing forests, a critical move in…