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.
Facility Management Team
The World Bank is the Trustee of the FCPF's Readiness Fund and Carbon Fund, and provides secretariat services through a Facility Management Team. The Facility Management Team administers the Funds and makes proposals to the FCPF Participants Committee, and provides country advisory services and REDD+ methodology support.
In addition, the Facility Management Team works with other units of the World Bank to assist REDD+ Countries in preparing and implementing their Readiness Preparation Proposals (R-PPs) at their request, and ensure that FCPF operations comply with applicable World Bank Group policies, including in the areas of safeguards, procurement and financial management.