News

ICIMOD pilots first Forest Carbon Trust Fund in Nepal

15.06.2011

Under the first-ever pilot Forest Carbon Trust Fund in Nepal, representatives from three watersheds in Dolakha, Gorkha, and Chitwan districts received a total sum of US$ 95,000 on behalf of community forest user groups at a ceremony organized at the International Centre for Integrated Mountain Development (ICIMOD) on 15 June 2011. The pilot Forest Carbon Trust Fund has been created under a project on Reducing Emissions from Deforestation and Forest Degradation Plus (REDD+) funded by the Norwegian Agency for Development Cooperation (Norad) under the Climate and Forest Initiative.