ReferIndia News Contracting Carbon: The World Bank’s Blueprint for High-Integrity Climate Solutions

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Contracting Carbon: The World Bank’s Blueprint for High-Integrity Climate Solutions

Published on: Aug. 7, 2025, 10:18 a.m. | Source: Devdiscourse

The World Bank’s BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) uses Emission Reductions Purchase Agreements (ERPAs) to help countries monetize verified emissions reductions through natural climate solutions. These agreements ensure environmental integrity, social inclusion, and equitable benefit-sharing while enabling access to global carbon markets.

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