Tag: REDD+
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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 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…
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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…