EMEA > Europe > Finance partnership to offer forest nations cash for emissions reductions agreements, eyes two deals pre-COP28

Finance partnership to offer forest nations cash for emissions reductions agreements, eyes two deals pre-COP28

Published 12:01 on November 16, 2023 / Last updated at 11:43 on November 16, 2023 / / Americas, Asia Pacific, EMEA (Europe), International (Paris Article 6/PACM, UN Climate Talks), Nature-based Carbon (Forestry), Net Zero Transition (Litigation), Voluntary (VCM Governance)

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A financing mechanism, launched on Thursday by green groups with backing from the UK government, will provide advanced funding for forest-rich countries that sign binding Emissions Reduction Purchase Agreements (ERPAs) with the LEAF Coalition, with executives hoping to secure two such deals this month and several more in the first half of 2024.
A financing mechanism, launched on Thursday by green groups with backing from the UK government, will provide advanced funding for forest-rich countries that sign binding Emissions Reduction Purchase Agreements (ERPAs) with the LEAF Coalition, with executives hoping to secure two such deals this month and several more in the first half of 2024.


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