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To generate payments for measured, reported, and verified Emission Reductions from reduced deforestation, forest degradation, enhancement of forest carbon stocks, agriculture, and other land use sectors, and to distribute the payments according to an agreed Benefit Sharing Plan.
Financial mechanism
GEF
Date of approval
Status
Project approved
Countries
Implementing organisations
World Bank
Project ID
11101
GEF project type
Medium size
GEF project phase
GEF - 8
GEF Cofinancing
$22.000.000
GEF project grant
$2.000.000
Executing Agencies
Ministry of Green Economy and Environment of Zambia