The latest news from the World Bank’s trust funds supporting results-based climate finance in sustainable forestry and land use | |
Côte d’Ivoire signs landmark $23 million deal with Emergent for verified emission reductions
Côte d’Ivoire has signed an agreement worth up to US$23 million with Emergent to commercialize high-integrity jurisdictional emission reductions and removals generated under its Forest Carbon Partnership Facility (FCPF) supported Emission Reductions Program around Taï National Park.
Announced at COP30 in Belém, the deal marks a major step in expanding Côte d’Ivoire’s access to voluntary carbon market buyers.
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Viet Nam leads with first sale of additional emission reductions
Viet Nam has become the first country to sell emission reductions beyond its original Emission Reductions Payment Agreement (ERPA) volume with the FCPF. Following government approval, the World Bank purchased 1 million additional emission reductions for $5 million, marking the first-ever execution of a call option under an FCPF ERPA. The proceeds will be shared through the country’s benefit-sharing plan, ensuring local communities directly benefit from climate action on the ground.
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Dominican Republic and Nepal become latest countries to receive payments from FCPF
Nepal and the Dominican Republic have received milestone results-based payments from the FCPF.
Nepal has earned US$9.4 million for 1.9 million tons of CO₂ reduced, and the Dominican Republic about US$4.2 million for 840,000 tons.
Both payments reflect growing momentum as countries convert verified REDD+ results into new financing for forest protection.
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SCALE supports Zambia to unlock carbon market revenues for livelihoods and forest conservation
The World Bank has approved the Transforming Landscapes for Resilience and Development (TRALARD II) project, set to improve sustainable management of over 680,000 hectares and enhance resilience for more than 650,000 people across Zambia’s Miombo ecoregion.
Supported by a $7 million grant from the World Bank's Scaling Climate Action by Lowering Emissions (SCALE) fund, the project will also develop a jurisdictional Emission Reduction Program to help Zambia participate in carbon markets and reinvest revenues into rural livelihoods and forest conservation.
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Switzerland joins SCALE partnership with CHF12 million contribution
In October, the World Bank and the Government of Switzerland signed an agreement marking Switzerland’s CHF12 million contribution to SCALE. This partnership reinforces Switzerland’s long-standing collaboration with the World Bank on climate and carbon finance.
Switzerland is the third donor to join SCALE, helping countries leverage World Bank projects for low-emission, resilient growth.
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EnABLE launches new website
The EnABLE fund has launched a new website, www.enable-fund.org that serves as a central resource for learning about EnABLE’s work to promote social inclusion and equitable benefit sharing in results-based climate finance. Bookmark the new site now.
| | Listen to EnABLE's theme song by Ghanaian Okyeame Kwame | |
Celebrate climate action with the EnABLE fund theme song from Ghana’s Climate Change Ambassador, Okyeame Kwame, produced by Solidaridad West Africa and Tropenbos Ghana.
The track honors the power of trees and calls for collective action to protect our environment and support Ghana’s efforts to generate carbon credits for a sustainable future.
| | | Transforming Colombian livestock: The path forward | |
In Colombia’s Orinoquía region, farmers are proving that sustainable livestock is both profitable and climate smart.
At a recent event in Bogotá, hosted by the World Bank's BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL), over 100 participants from across Latin America helped shape a new national roadmap to scale silvopastoral systems that boost productivity, restore soils, and cut emissions.
| | | Costa Rica empowers Indigenous leadership in forest conservation | |
Costa Rica is strengthening Indigenous leadership in forest conservation and climate action with support from the World Bank.
Through a US$4 million grant from the EnABLE trust fund, the country will implement its first project in which Indigenous Peoples lead the design and execution of conservation investments under the FCPF Emission Reductions Program.
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World Bank's green carbon funds release 2025 annual reports
The ISFL 2025 annual report highlights progress across its five country programs — Colombia, Ethiopia, Indonesia, Mexico, and Zambia. The report shows how ISFL is advancing climate action while improving rural livelihoods and protecting forests. Read more
The FCPF 2025 annual report showcases key achievements in emission reductions, results-based payments, and partnerships driving sustainable development and empowering forest communities.
Read more
The SCALE 2025 annual report highlights support to countries, including Benin, Cambodia, Colombia, Ethiopia, the Dominican Republic, and Zambia, to design high-integrity emissions reductions programs that can attract debt-neutral finance from carbon markets. Download.
The EnABLE 2025 annual report showcases the fund's efforts to strengthen social inclusion in results-based climate finance across World Bank–funded programs in 14 countries. Read more or Download.
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Voices from Partners
Perspectives from communities benefiting from the World Bank's trust funds supporting sustainable forestry and land use
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Countries, companies, and civil society unite to launch the Scaling J-REDD+ Coalition at COP30
A new coalition of governments, Indigenous Peoples, investors, intermediaries, standard setters, and civil society announced at COP30 the launch of the Scaling J-REDD+ Coalition — a collective effort to accelerate action and finance for forests at the scale needed to meet global climate goals.
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Catch new episodes of the Cultivating Climate Action podcast
Colombia’s Orinoquía Sustainable Integrated Landscape Program has just released the seventh episode of its "Cultivating Climate Action" podcast.
Episode 7 explores how land-use planning can guide climate-smart agriculture, leveraging tools such as spatial analysis to decide where and how to produce without compromising natural resources.
The "Cultivating Climate Action" podcast is as a space for dialogue with experts, producers, and key players in the agri-food sector.
Follow the Spanish podcast on Spotify and Amazon Music.
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Beyond Forests
Updates from World Bank results-based climate finance and carbon markets initiatives
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Kenya's tea sector goes green with hydropower
With support from the Carbon Initiative for Development (Ci-Dev), the Kenya Tea Development Agency is using small hydropower to cut emissions and power 39 tea factories—benefiting over 350,000 farmers. The project recently earned its first carbon credits, unlocking new finance for clean energy and rural livelihoods.
| | Join the conversation! Contact us with any questions or feedback. | | Newsletter photo credits: Viet Nam photo (pexels-pixabay-247597); SCALE/Zambia photo (Sarah Fretwell/World Bank); Costa Rica photo (Etienne Delorieux/Unsplash); Colombia photo (Mariángela Ramírez/World Bank, Carlos Arce/World Bank, Yeimy Carolina Castillo C/World Bank); Voices from Partners photo (Jonathan Ernst); all other photos courtesy of World Bank or partners and used with permission or purchased stock. | | | | |
