Ecuador Signs REDD Agreement for Payment for Reductions of Forest Carbon Emissions

9 October 2013

The Governments of Norway and Germany have signed an agreement to cooperate with Ecuador to purchase Ecuador’s emission reductions and contribute $2.6 million to strengthening national capacities in Ecuador.

The payments are anticipated to be used to: finance REDD+ projects; strengthen forest governance; develop measurement, reporting and verification information; and support other national processes to reduce emissions.

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