14 countries win REDD funding to protect tropical forests
MongaBay | 24 July 2008
The initiative, known as the Forest Carbon Partnership Facility (FCPF), was unveiled last year as a way to kick start Reducing Emissions from Deforestation and Degradation (REDD), a proposed mechanism that would reward countries with carbon credits for preserving their forest cover. Globally deforestation accounts for nearly one-fifth of anthropogenic greenhouse gas emissions — more than the transport sector.
“Deforestation and forest degradation together are the second leading man-made cause of global warming. They are responsible for about 20% of global greenhouse gas emissions, and the main source of national emissions in many developing countries. For that reason, we have been eager to initiate this partnership and assist countries while building a body of knowledge on how best to reduce greenhouse gas emissions by protecting forests and helping the people who benefit from them.” — Joëlle Chassard, Manager of the World Bank’s Carbon Finance Unit
We are looking for a fund $ 150 ml approximately for reduction of flood occurances , agriculture improvement program sustainable livelihood and eco tourism development in the western part of India throuhg various intervention already identified . the total out lay being $400ml to be implemented by Government and necessary gurrantee can be provided.
We would be keen if this can be organised through your organisation and /or a combined financing. Kindly inform the scope.
JP ghosh