Nepal becomes the first Asian country to sign an agreement to receive finance from LEAF, an innovative global public-private initiative comprising over 30 major companies and the governments of Norway, United Kingdom, United States and Republic of Korea.
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.
Mato Grosso has become the latest state in Brazil to make progress towards an agreement to receive climate finance from the LEAF Coalition by signing a new letter of intent with Emergent at COP30 today.
Pará is set to become the first state in Brazil to secure finance from the LEAF Coalition to support its efforts to reduce deforestation, following the signing of a landmark agreement worth an estimated $180 million.
Emergent has strengthened and broadened the expertise of its board with the appointments of two highly experienced new board members, Joaquim Levy, former Minister of Finance for Brazil and Werner Baumann, former CEO of Bayer.
Emergent has announced that Costa Rica and Ghana have become the first forest governments to reach Emissions Reductions Purchase Agreements (ERPAs) with Emergent to supply high-integrity jurisdictional REDD+ emissions reductions and removals credits to LEAF Coalition buyers.
Emergent has announced it will launch a pilot to make advance payments available to forest governments that sign binding Emissions Reduction Purchase Agreements (ERPAs) to supply the LEAF Coalition.
The Republic of Congo is the latest Forest Government to submit a successful proposal to supply high-integrity emissions reductions credits to the LEAF Coalition.