UK - Department for Business, Energy and Industrial Strategy
BioCarbon Fund (BioCF)
Project Data Last Updated: 30/04/2020
IATI Identifier: GB-GOV-13-ICF-0016-BioCF
The Fund will provide technical assistance for REDD+ implementation and measures which improve the enabling environment for private sector investment; offer a finance for Verified Emission Reductions associated with avoided deforestation; and secures private sector finance, for example through purchasing commitments for sustainable commodities produced in the jurisdiction (sometimes called ‘offtaker agreements’). 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.
|Accountable:||UK - Department for Business, Energy and Industrial Strategy|
|Extending:||UK - Department for Business, Energy and Industrial Strategy|
|Implementing:||International Finance Corporation ¦ The World Bank|
Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.
A comparison of forecast spend and the total amount of money spent on the project to date.
ODA measures in relation to their realisation of OECD development policy objectives