July 2025 Newsletter

The latest news from the World Bank’s trust funds supporting results-based climate finance in sustainable forestry and land use

DRC communities set to benefit as country receives $19.47 million for reducing deforestation emissions


The Democratic Republic of Congo (DRC) has received $19.47 million from the World Bank's FCPF Carbon Fund for reducing 3.89 million tons of carbon emissions through efforts to protect and restore forests in the Mai-Ndombe province. 


This is a first payment for DRC under a broader agreement that could unlock up to $55 million for reducing 11 million tons of emissions. A significant share of the funds will go to local communities and Indigenous Peoples who are helping lead forest conservation efforts on the ground.

New ISFL report unpacks the building blocks of high-integrity emission reductions purchase agreements 


A new World Bank report offers a behind-the-scenes look at how the BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is helping partner countries negotiate and contract for high-integrity carbon crediting agreements. 


The report, Contracting Emissions Reductions from Natural Climate Solutions, distills more than a decade of experience in designing and implementing Emission Reductions Purchase Agreements (ERPAs) under the ISFL and its sister fund, the Forest Carbon Partnership Facility. It breaks down what’s needed to ensure that the resulting carbon credits are robust, credible, and equitable.  

Côte d’Ivoire becomes the first African country to deliver all contracted emission reductions 


In June, Côte d'Ivoire received a second payment of $15 million from the FCPF Carbon Fund for 3 million emission reductions (ERs), making it the first African country to deliver the full amount of ERs under its Emission Reductions Payment Agreement with the Carbon Fund.


A further 10.2 million ERs were generated under Côte d'Ivoire's Emission Reductions Program and independently verified. These excess emission reductions are now available to the country to use and/or sell in carbon markets.


Read more on Côte d'Ivoire's first FCPF ER payment

Spotlight on sustainable cacao production in Colombia 


A new World Bank video showcases how its International Finance Corporation (IFC) and Colombian cacao company Okanta are driving positive social impact by empowering communities and promoting inclusive growth.


The ISFL has been supporting this work through its program in Colombia's Orinoquia region.

High-integrity transition path for jurisdictional REDD+ programs under the FCPF standard


The World Bank and the Architecture for REDD+ Transactions (ART) are working together to ensure a high-integrity transition path for countries using the FCPF Standard to reduce emissions from deforestation and forest degradation (REDD+). This will help countries continue their programs and access future carbon finance opportunities.


The World Bank welcomes the proposed transition pathway for FCPF programs in the draft of ART’s TREES 3.0 standard, which aims to provide continuity for countries already using the FCPF Standard. The Bank remains committed to supporting FCPF programs as they transition to recognized standards like TREES.

Highlights from World Bank's green carbon funds meeting in Paris

In June, the World Bank's green carbon funds joint meeting in Paris promoted collaboration and facilitated learning from the Bank's foundational green funds -- the ISFL and FCPF, along with the Scaling Climate Action by Lowering Emissions (SCALE) Partnership, including the Enhancing Access to Benefits while Lowering Emissions (EnABLE) trust fund.


These meetings included a joint knowledge sharing day during which participants discussed a range of topics including monetization, private sector participation, the legal and regulatory frameworks of carbon markets, and updates and lessons learned from jurisdictional credits. 


The Chair's summary from the FCPF's 30th Carbon Fund meeting (CF30) is now available for download on the FCPF website.


Voices from Partners

Perspectives from communities benefiting from the World Bank's trust funds supporting sustainable forestry and land use

Indigenous voices for climate action


The recent World Bank conference, Indigenous Voices for Climate Action, held in Washington, DC, highlighted outcomes and key lessons from an innovative initiative supported by the Global Partnership for Social Accountability and the World Bank's EnABLE trust fund. 


The project aimed to strengthen the role of Indigenous Peoples and Afrodescendants in climate policy, climate finance, and investment processes through community-driven approaches and collaborative social accountability. Community representatives at the conference shared their experiences in improving transparency, monitoring climate finance, and increasing participation in climate decision making.

Beyond Forests

Updates from World Bank results-based climate finance and carbon markets initiatives

Saving money, breathing easier: How energy access is transforming lives in Ethiopia


Families in rural Ethiopia are transforming their lives with clean energy. Supported by the World Bank’s Carbon Initiative for Development (Ci-Dev), biogas digesters are replacing firewood, cutting smoke and improving crop yields. Off-grid solar is bringing light, boosting savings, and powering micro-enterprises.


Since 2016, Ethiopia has earned $3.46 million in carbon credits, reinvesting in access and maintenance. With microfinance and smart policies, solar and biogas are creating a cleaner, more equitable future - one home at a time.

Why carbon pricing matters— even more in challenging times


A recent blog by Axel van Trotsenburg, Senior Managing Director at the World Bank, explores how carbon pricing and markets offer a triple win to governments facing growing fiscal pressures amid global uncertainty: they mobilize finance, drive innovation, and deliver both climate and development goals. 


Download the World Bank's State and Trends of Carbon Pricing 2025


Catch highlights from Innovate4Climate 2025


Innovate4Climate (I4C) 2025 explored bold ideas, forged new connections, and strengthened a shared commitment to scaling climate solutions through carbon markets and pricing. From panel discussions to spontaneous meetings, I4C proved once again that the real magic happens when great minds connect.

Connect with us

Scaling Climate Action by Lowering Emissions (SCALE)


Forest Carbon Partnership Facility (FCPF)


BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL)


Enhancing Access to Benefits while Lowering Emissions (EnABLE)



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Newsletter photo credits: Cote d'Ivoire photo credit- Côte d’Ivoire Emission Reductions Project Implementation Unit; all other photos in this edition courtesy of World Bank or partners and used with permission or purchased stock.