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Environmental, Campaign & Website News > World Bank fund will pay to leave forests standing

World Bank fund will pay to leave forests standing

Date : 11th December 2007, Source : ENS

NUSA DUA, Bali, Indonesia, December 11, 2007 (ENS)A new multi-million dollar fund to compensate developing countries for the value of their living forests was launched today by the World Bank at the United Nations climate conference in Bali. The Forest Carbon Partnership Facility was developed because forests are more important left standing than cut down, said World Bank Group President Robert Zoellick, introducing the new facility.

Document last updated on Wednesday 01 August 2018

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