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Ghana Signs Landmark Deal With World Bank to Cut Carbon Emissions and Reduce Deforestation

Jul 09, 2019 - Targeted News Service

The World Bank issued the following news release:

Ghana - with one of the highest deforestation rates in Africa - has become the third country to sign a landmark agreement with the World Bank that rewards community efforts to reduce carbon emissions from deforestation and forest degradation.

Ghana's five-year Emission Reductions Payment Agreement (ERPA) with the Forest Carbon Partnership Facility (FCPF) Carbon Fund, which is administered by the World Bank, unlocks performance-based p...