Africa > GCF approves funding for host of forest carbon projects

GCF approves funding for host of forest carbon projects

Published 10:05 on November 13, 2019  /  Last updated at 19:40 on November 13, 2019  / Stian Reklev /  Africa, Americas, Asia Pacific, China, EMEA, International, Nature-based, Other APAC, South & Central, Voluntary

The Green Climate Fund board on Wednesday approved $308 million in funding for new projects, of which over 40% will go to forest carbon projects, although the World Bank's International Finance Corporation withdrew an application for a controversial REDD bond scheme.
The Green Climate Fund board on Wednesday approved $308 million in funding for new projects, of which over 40% will go to forest carbon projects, although the World Bank's International Finance Corporation withdrew an application for a controversial REDD bond scheme.


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