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Department for Business, Energy and Industrial Strategy

BioCarbon Fund

Disclaimer: The data for this page has been produced from IATI data published by Department for Business, Energy and Industrial Strategy. Please contact them if you have any questions about their data.

Project Data Last Updated: 22/02/2018

IATI Identifier: GB-GOV-13-91107

This fund will mobilise finance to reduce carbon emissions in forest and agricultural ecosystems. DECC has invested £50m to support investments in a number of country programmes, which are currently being developed and agreed. The Fund will 1) provide technical assistance for REDD+ implementation and measures which improve the enabling environment for private sector investment; 2) offer finance for Verified Emission Reductions associated with avoided deforestation; and 3) secure private sector finance, for example through purchasing commitments for sustainable commodities produced in the jurisdiction (sometimes called ‘offtaker agreements’). 1. 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. Activities that are likely to be supported include small scale plantation farming, sustainable forest management, afforestation and reforestation, regeneration, National Park designation / no-deforestation zoning, agroforestry and sustainable agricultural practices. ;

Status - Implementation More information about project status
Project Spend More information about project funding
Participating Organisation(s) More information about implementing organisation(s)
Sectors

Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.

Budget

A comparison of forecast spend and the total amount of money spent on the project to date.