Contribution to the Bio Carbon Fund

General

The Bio Carbon Fund Initiative for Sustainable Forest Landscapes (BioCF ISFL) is a multilateral fund supported by donor countries and managed by the World Bank. It was established as a new multilateral institution in November 2013 and supports and rewards the reduction of CO2 emissions in the land sector. Related areas are REDD+, sustainable agriculture, land use planning and land use policies. The aim is to create incentives for the development of alternative land use models for sustainable and at the same time economically viable development. The BMU supports the BioCF plus sub-fund with 35 million euro. This is intended to support transformation processes in developing countries, leading to the implementation of REDD+ strategies and the preparation of energy-based payments for the reduction of emissions. A further sub-fund is the BioCF tranche.