Maria Dumpert Created a Post in Forestry The Government of Nepal signed a landmark agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to US$45 million to support Nepal to decrease carbon emissions from 4 years ago The Government of Nepal signed a landmark agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to US$45 million to support Nepal to decrease carbon emissions from deforestation and forest degradation through 2025. With this Emission Reductions Payment Agreement (ERPA) in place, Nepal is expected to reduce 9 million tons of carbon dioxide emissions in the Terai Arc Landscape. https://www.worldbank.org/en/news/press-release/2021/02/26/nepal-and-world-bank-sign-innovative-financing-agreement-on-forests-and-climate-change-for-building-back-greener Share Share on Facebook Share on Twitter LinkedIn Add this Repost 1 like 0 comments