The 2023 FCPF annual report spotlights the groundbreaking emission reductions payments made over the past year to Costa Rica, Côte d’Ivoire, Ghana, Indonesia, and the Lao PDR.
Combined with Mozambique’s emission reductions payments to date, Carbon Fund results-based payments now total $53.2 million, with that number expected to increase to at least $300 million in the coming year.
"These achievements prove that the REDD+ concept works," writes FCPF Fund Manager, Andres Espejo.
He adds, "They show that countries are closer to accessing additional revenue streams from carbon finance. Carbon Fund achievements give hope that the REDD+ mechanism can be a solution to the increasing challenges the world is facing."
Download the report