📋 Tender Overview
Status:- implementation
spend to date: £10,616,420 (21.23%)
programme budget: £50,000,000
the fund will provide technical assistance for redd+ implementation and measures which improve the enabling environment for private sector investment; offer a finance for verified emission reductions associated with avoided deforestation; and secures private sector finance, for example through purchasing commitments for sustainable commodities produced in the jurisdiction (sometimes called ‘offtake agreements’). each country programme under the biocarbon fund will operate at the jurisdiction-scale, that is within a landscape-wide area that is governed by a single political jurisdiction.
accountable
uk - department for business, energy and industrial strategy
extending
uk - department for business, energy and industrial strategy
funding
uk - department for business, energy and industrial strategy
implementing
the world bank
international finance corporation
