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.
Project Details
GEF Project ID
11101
Country
Zambia
Implementing Agencies
The World Bank
Status
Project Approved
Region
Africa
Executing Agencies
Ministry of Green Economy and Environment of Zambia
GEF Period
GEF - 8
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund
Project Documents
Financials
USDCo-financing Total
22,000,000
GEF Project Grant
2,000,000
GEF Agency Fees
190,000
Timeline
Received by GEF
07 Apr 2023
Project Approved for Implementation
12 Jul 2023