The latest news from the Forest Carbon Partnership Facility

and BioCarbon Fund Initiative for Sustainable Forest Landscapes

This newsletter highlights updates from the Forest Carbon Partnership Facility (FCPF), the BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL), and related forest and climate fund work between August and October 2024.


The FCPF and ISFL release their 2024 annual reports


The FCPF’s 2024 annual report highlights a banner year for total FCPF emission reductions payments, which more than tripled from $53.2 million in 2023 to $164.5 million in 2024.


“Achieving the COP26 net-zero deforestation pledge requires humankind to achieve something for the first time in its history. But is it achievable? To that, I’d point to the ongoing progress of participant countries under the FCPF as proof that a viable and scalable model exists to reach net-zero deforestation by 2030,” write FCPF Fund Manager, Andres Espejo.



The ISFL's 2024 annual report highlights significant progress made across the initiative's five jurisdictional sustainable forest landscapes programs in Colombia, Ethiopia, Indonesia, Mexico and Zambia.


"ISFL’s innovative approach of incentivizing communities to embrace sustainable land use methods through emission reduction credits has the potential to engender real, lasting change. Our hope is that it can become a blueprint for climate change mitigation and adaptation at scale for practitioners around the globe," writes ISFL Fund Manager Roy Parizat.



Exploring sustainable business models for coffee tree rejuvenation in Ethiopia


The ISFL and partner TechnoServe recently co-hosted a virtual workshop to share lessons learned from successful coffee tree rejuvenation practices in Ethiopia, including “stumping” – an agricultural practice of pruning trees significantly and giving them two to three years to rejuvenate.


The event explored what combination of incentives are most effective in attracting the participation of farmers and scaling up these rejuvenation practices.

Read feature story

Viet Nam leads in forest protection through innovative carbon program 

A recent World Bank feature story spotlights how the FCPF is supporting forest protection efforts across 1,300 communities in Viet Nam.


Earlier this year, Viet Nam received the largest ever payment from the FCPF Carbon Fund – $51.5 million – for verified, high-integrity emission reductions in the forestry sector.

Read feature story

IFC supports expansion of large-scale sustainable cacao plantation in Colombia 

With financial and technical support from the World Bank Group’s International Finance Corporation (IFC) and ISFL, Colombian firm Andean Cacao is developing one of the world’s largest sustainable cacao plantations.


Building on IFC’s Cacao Program in Colombia’s Orinoquia region implemented in partnership with the ISFL, IFC’s recent investment in Andean Cacao will help to scale up the company’s sustainable operations that benefit both the environment and local communities.


IFC's investment will also support socioeconomic development activities for 600 farmers and their families, in addition to more than 600 jobs being created, and the promotion of gender equality across the supply chain.

Read feature story

How ISFL programs generate emission reductions credits


In a new, easy-to-understand infographic, ISFL highlights the steps involved across a forest landscape to produce verified emission reductions credits that are opening up new streams of benefits to improve local livelihoods and bolster climate action.


The infographic was developed as a companion piece to the ISFL’s recently released 2024 annual report, and is available for download on the ISFL website.


Download the infographic: in PDF and JPEG formats

ISFL shares key take-aways from its "Pause & Reflect" global workshop

The ISFL recently published a comprehensive summary of the main messages and action points that came out of the “Pause and Reflect” global workshop the initiative held in Oslo in June.


The two-day event brought together key stakeholders from across all five of its country programs, including national project implementation units, government ministries, and all five donor agencies to share lessons learned and feedback on critical elements of the ISFL program.


Moving forward, the valuable feedback captured in ISFL’s summary report will inform improvements for the ISFL and similar sustainable forest landscape programs.

Download summary report

Forest and climate funds in the news

Dominican Republic launches guidelines for REDD+ strategy to combat deforestation (Dominican Today)


Republic of Congo to receive $8M in carbon credits (EnergyCapital & Power)


World Bank "Forests For Us" campaign: Dominica Harnesses Nature for Climate Resilience and Economic Development



Connect with us

Facebook  Twitter
Join our mailing list
Join the conversation! Contact us with any questions or feedback.

Newsletter photo credits: Ethiopia coffee photo (TechnoServe); Viet Nam photo (Linh Pham/ World Bank); Colombia photo (Andean Cacao); all other photos courtesy of World Bank or partners and used with permission or purchased stock.