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Contribution to the Forest Carbon Partnership Facility

As of: February 2021

The Forest Carbon Partnership Facility (FCPF) supports developing countries in measures to reduce emissions by combating deforestation and forest degradation. It was originally developed by the World Bank and The Nature Conservancy in 2007 as an initiative to help countries implement a new approach called REDD+. The FCPF is a global partnership of governments, businesses, civil society and indigenous peoples' organizations. There are two sub-funds: the Readiness Fund and the Carbon Fund. The Readiness Fund finances measures in developing countries to build capacity in the forest sector, and the Carbon Fund is used to realize the value of emissions avoided through forest conservation. For 2010, the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety has been allocated 35 million euro to meet the German fast-start financing for developing countries, 10 million euro has been allocated to the World Bank for the Carbon Fund.

State of implementation/results

The contribution to the Forest Carbon Partnership Facility (FCPF) is an unrestricted voluntary contribution to the "Carbon Fund" sub-fund. With this one-off support, the multilateral initiative aims to prevent deforestation and the degradation of forests in tropical regions. Developing countries are thus actively supported in their efforts to reduce emissions. The FCPF has created unprecedented momentum over the past seven years by developing large-scale emission reduction programs.

Project data

Country:
worldwide

Implementing organisation:
The World Bank Group

BMU grant:
10.000.000,00 €

Duration:
11/2010  till  12/2012




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