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.
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