First Payment Under REDD+ Emission Reductions Program
Nepal has received $9.4 million (around Rs 1.19 billion) from the World Bank’s Forest Carbon Partnership Facility (FCPF) for successfully reducing 1.88 million tons of carbon dioxide under its REDD+ Emission Reductions Program in the Terai Arc Landscape. This is the first payment made under the FCPF’s Emission Reductions Payment Agreement (ERPA).
A Major Milestone in Climate Action
According to the World Bank, this payment marks a significant achievement in Nepal’s ongoing efforts to control emissions from deforestation and forest degradation while promoting sustainable and inclusive forest management practices.
Community-Based Approach in the Terai Arc Landscape
The FCPF program in Nepal is widely recognized for its strong community-driven model. Implemented across the Terai Arc Landscape—a region rich in biodiversity and home to a dense population—the program involves:
- Local communities
- Indigenous Peoples
- Civil society organizations
These groups work together to protect and restore forests while also improving rural livelihoods.
World Bank Officials Praise Nepal’s Efforts
David Sislen, World Bank Division Director for Maldives, Nepal, and Sri Lanka, stated that the payment highlights Nepal’s progress in:
- Reducing deforestation
- Strengthening forest governance
- Enhancing biodiversity conservation
- Expanding sustainable livelihood opportunities
Ensuring Fair Distribution Through Benefit Sharing Plan
The payment will be allocated according to Nepal’s Benefit Sharing Plan, which was developed through extensive consultations with communities and stakeholders. This plan ensures that forest-dependent communities and Indigenous Peoples directly benefit from their conservation efforts.
Supporting Restoration and Climate-Resilient Livelihoods
The funds will be invested in:
- Forest restoration
- Community-based enterprises
- Climate-resilient livelihood programs
The World Bank emphasized that these investments reinforce Nepal's role as a global leader in community forestry and participatory resource management.
Government Reaffirms Commitment
Dr. Rajendra Prasad Mishra, Secretary of the Ministry of Forests and Environment, said the payment reflects the dedication of Nepal’s forest-dependent communities and the government in conserving forests. He added that Nepal remains committed to advancing climate action through inclusive, community-led forest management.