The World Bank announced a new climate fund of 180 million U.S. dollars for the Forest Carbon Partnership Facility (Forest Carbon Partnership Facility / FCPF) donation from Finland, Germany and Norway.

Illegal Logging in Kalimantan

The World Bank announced a new climate fund of 180 million U.S. dollars for the Forest Carbon Partnership Facility (Forest Carbon Partnership Facility / FCPF) donation from Finland, Germany and Norway.


World Bank Vice President for Sustainable Development, Rachel Kyte, supporting ongoing commitment donor community to support the FCPF.

"The efforts of the world to the path of low-carbon green growth and to face the growing challenge of climate change," he said in a press release of the World Bank on Monday.

The World Bank's FCPF formed to compensate developing countries that reduce emissions of carbon dioxide to preserve the forest.

FCPF Readiness Fund among others, providing approximately 260 million U.S. dollars to support the planning of a national strategy to reduce carbon emissions from deforestation and forest degradation.

In addition there is a Carbon Fund approximately $ 390 million to compensate for the reduction of carbon emissions by the REDD + program.