The Plantar Project - the first Brazilian pig iron producer to rely solely on sustainable charcoal from certified fuelwood, reducing the pressure on native forests and earning carbon credits.Â
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Carbon finance facilitates the financial reward through carbon credits for the reduction of greenhouse gas emissions by emitters in developing countries. Activities of the World Bank Carbon Finance Unit (CFU) are part of the larger global effort to combat climate change, and are aligned with the World Bank and its Environment Department's mission to reduce poverty and improve living standards in the developing world.
In Focus
On March 6, 2012 the World Bank launched a new report by the BioCarbon Fund entitled "The BioCarbon Fund Experience: Insights from Afforestation / Reforestation CDM Projects."
The report informs project developers and policy-makers of the main lessons learned by the BioCarbon Fund as it has supported over 20 A/R CDM forest projects in 16 countries since its inception in 2004. It sheds light on opportunities the CDM offers to the forestry sector but also challenges encountered by project developers when complying with the regulatory requirements. The report concludes with recommendations for policy-makers on how current rules could be made more pragmatic to better match the realities of this type of projects on the ground.
READ MORE >>The World Bank Carbon Funds and Facilities
Highlights
CARBON FINANCE PROJECTS WORLDWIDE
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