Ethiopia has entered into a landmark $40-million agreement with the World Bank's BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL). This Emission Reductions Purchase Agreement (ERPA) will help communities, government, and stakeholders to reduce carbon emissions and increase carbon sequestration through forest preservation and other environment-friendly land uses. Ethiopia has entered into a landmark $40-million agreement with the World Bank's BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL). This Emission Reductions Purchase Agreement (ERPA) will help communities, government, and stakeholders to reduce carbon emissions and increase carbon sequestration through forest preservation. The Oromia Forested Landscape Program (OFLP) seeks to reduce greenhouse gas (GHG) emissions by improving forest and livestock management throughout the Oromia region.

Source: Ethiopian News February 13, 2023 22:46 UTC