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Forest Carbon Partnership Facility |
| Developing and industrialized countries have requested the World Bank to explore a framework for piloting activities that would reduce emissions from deforestation and degradation using a system of policy approaches and performance-based payments. The proposed framework is called the Forest Carbon Partnership Facility.
The proposed Facility would set the stage for a future, large-scale system of positive incentives for reducing emissions from deforestation and degradation. The Facility would finance capacity building to increase developing countries’ capacity to harness a future system of payments, and pilot performance-based carbon purchases for avoided emissions in a small number of countries. Subject to World Bank clearances, the Facility may be launched at CoP13 in Bali and declared operational in 2008. |
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Featured Resource
Carbon Finance Unit Annual Report 2006
 This report of the carbon funds managed by the World Bank covers the period from July 1, 2005 through August 31, 2006. Notes: All $ = U.S. dollars (unless otherwise indicated). The U.S. dollar/ euro exchange rate used in this report = 1.25. One ton = 1000 kilograms (one metric tonne). All greenhouse gas emission reductions are measured in tons of carbon dioxide equivalent (tCO2e). This report is provided for informational purposes only. The carbon funds reported on are not legal partnerships. No warranties or representations are made as to the accuracy, reliability or completeness of any information herein. To request a hardcopy of the report, please contact the Carbon Finance Helpdesk.
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