Côte d'Ivoire Signs Landmark $23 Million Deal for Verified Emissions Reductions with Emergent

13 November | Belém: Côte d’Ivoire has signed a purchase agreement with Emergent worth up to $23 Million to commercialize high-integrity jurisdictional REDD+ emission reductions and removals, issued under the World Bank’s Forest Carbon Partnership Facility (FCPF) Standard.

The agreement, negotiated between Côte d’Ivoire’s Carbon Markets Office and Emergent, covers the sale of excess emissions reductions and removals generated by the Jurisdictional-scale Emission Reductions Program around the Taï National Park, known as PRE.

The agreement was announced today at a special event at COP30 in Belém, attended by Parfait Kouadio, Chief of Staff, Ministry of Environment, Sustainable Development and Ecological Transition and Eron Bloomgarden, CEO of Emergent.

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