Tag: Forest Carbon Partnership Facility
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Nepal Receives $9.4 Million for Forest Carbon Credits Under the Forest Carbon Partnership Facility
Nepal’s Latest Climate Finance Milestone Nepal has secured a significant climate finance victory, receiving 9.4 million USD from the World Bank’s Forest Carbon Partnership Facility (FCPF). The payment acknowledges Nepal’s ongoing efforts to reduce greenhouse gas emissions through its REDD+ Emission Reductions Program. In practical terms, the country successfully avoided or sequestered roughly 1.88 million…
