Latest Breaking News On - Bank group president ajay banga - Page 6 : comparemela.com

Today, the World Bank announced ambitious plans for the growth of high-integrity global carbon markets, with 15 countries set to earn income from the sale of carbon credits generated from preserving their forests. By next year, these countries will have produced over 24 million credits, and as many as 126 million by 2028. These credits could earn up to $2.5 billion in the right market conditions, with much of that going back to communities and countries. Thriving carbon markets have the potential to do the same for other countries in the long-term.

United arab emiratesDominican republicCosta ricaViet namAjay bangaWorld bankWorld bank forest carbon partnership facilityWorld bank environmentalWorld bank groupWorld bank engagement roadHigh integrity carbon marketsDemocratic republicForest carbon partnership facilityIndigenous peoplesLocal communitiesWorld bank managed