World Bank launches forest defence scheme

The World Bank has launched a financing scheme to help developing countries reduce emissions from deforestation and degradation.

The Forest Carbon Partnership Facility -FCPF (PDF) would assist developing countries in their efforts to reduce emissions from deforestation and land degradation (REDD). It would have the dual objectives of building capacity for REDD in developing countries, and testing a program of performance-based incentive payments in some pilot countries, on a relatively small scale, in order to set the stage for a much larger system of positive incentives and financing flows in the future.
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