Deforestation rates have increased progressively in Bolivia’s protected areas since the mid-1970s. The country’s main drivers of deforestation are the expansion of large-scale soy bean and other industrial crops, slash-and-burn practices, forest fires, infrastructure development and mining. One of Bolivia’s main underlying drivers of deforestation is the low price of land that has attracted foreign investments directly into the agricultural sector.
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.