Aid Type
Objectives
The Carbon Fund was created in 2011 and is expected run until 2020, with the goal of demonstrating large-scale performance-based payments, providing early lessons learned by piloting a variety of approaches to land and forest management, and channeling incentive payments to the stakeholders that are the most critical in protecting forests.
Global Funding Allocation (Donor Currency)
390,000,000
Global Funding Allocation (USD)
390,000,000
Status
Co-financing Required?
No
Financing Modality
Contact Details
Forest Carbon Partnership Facility (FCPF), Facility Management Team at fcpfsecretariat@worldbank.org
Website
http://www.forestcarbonpartnership.org/carbon-fund-0
Application Procedure
Only open to countries that have had their R-Package endorsed by the PFPF Participant Committee (PC) and have been selected. (See FCPF Readiness Fund for more information).
Sectoral Focus