The World Bank and the Architecture for REDD+ Transactions (ART) are working together to ensure a high-integrity transition path for countries using the Forest Carbon Partnership Facility (FCPF) Standard to reduce emissions from deforestation and forest degradation (REDD+). This will help countries continue their programs and access future carbon finance opportunities.

The World Bank welcomes the proposed transition pathway for FCPF programs in the draft of ART’s TREES 3.0 standard, which aims to provide continuity for countries already using the FCPF Standard. The Bank remains committed to supporting FCPF programs as they transition to recognized standards like TREES.

Details about the consultation process can be found here - https://www.artredd.org/trees-3-0/