IBRD Trust Funds - World Bank

Published purpose

This project supports the transition to sustainable land use and the reduction of greenhouse gas emissions from forests and landscapes in targeted countries. The Forests and Landscapes program is one of four programs under the Canada-World Bank Clean Energy and Forest Climate Facility (CCEFCF) and focuses on leveraging public and private finance to reduce deforestation, forest degradation, restore and enhance forest resources. It also focuses on establishing benefit-sharing mechanisms and gender-responsive commitments. The program provides funding alongside credit financing from the International Bank for Reconstruction and Development or International Development Association. Canada's contribution to the Program expects to leverage more than US$100 million in private and public investments and reduce greenhouse gas emissions by more than 15 million tonnes.