World Bank and Guatemala Sign US$52.5M Agreement To Cut Carbon Emissions And Preserve Forests

Guatemala City, October 12, 2021-Guatemala has signed a landmark agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF) that will unlock up to US$52.5 million for reducing emissions from deforestation and forest degradation and increasing carbon sequestration-commonly known as REDD+. This Emission Reductions Payment Agreement (ERPA) will reward efforts to reduce 10.5 million tons…
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