In recent decades, deforestation and forest degradation has accelerated dramatically in Argentina, due to the expansion of soybean crops, among other large-scale commercial agricultural activities. The country’s increasing demand for agrofuels is also contributing to its deforestation problem. At the institutional level, Argentina’s forest policy and governance have been ineffective in mitigating these trends.
FCPF 2023 Annual Report
The 2023 Annual Report spotlights the groundbreaking emission reductions payments made over the past year to Costa Rica, Côte d’Ivoire, Ghana, Indonesia, and the Lao PDR. Combined with Mozambique’s emission reductions payments to date, Carbon Fund results-based payments now total $53.2 million, with that number expected to increase to at least $300 million in the coming year.