Africa > Green Climate Fund approves first REDD project

Green Climate Fund approves first REDD project

Published 09:20 on February 27, 2019  /  Last updated at 00:07 on February 28, 2019  / Stian Reklev /  Africa, Americas, EMEA, International, Nature-based, South & Central, Voluntary

The board of the Green Climate Fund on Wednesday awarded $96.5 million to a Brazilian REDD+ project, the first time a scheme designed to cut emissions by halting deforestation has been backed by the flagship UN-backed climate finance initiative.
The board of the Green Climate Fund on Wednesday awarded $96.5 million to a Brazilian REDD+ project, the first time a scheme designed to cut emissions by halting deforestation has been backed by the flagship UN-backed climate finance initiative.


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