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News and Events

11.15.2006
World Bank & Green Belt Movement Project to Reforest Regions of Kenya

BioCarbon Fund project will reforest 1,876 hectares of Kenya’s Mount Kenya and Aberdares regions

NAIROBI, November 15, 2006—The Kenya Green Belt Movement today signed an emission reductions purchase agreement (ERPA) with the World Bank’s BioCarbon Fund for the Kenya Green Belt Movement Reforestation Project to reforest 1,876 hectares within the Mount Kenya and Aberdares regions of Kenya in 2007 and 2008. From this project, the BioCF will purchase 375,000 tons of carbon dioxide equivalent emission reductions between 2007 and 2017, with a call option to purchase an additional 150,000 tons...

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