World Bank arm offers $200m in loans to reforest Indonesia

clock • 2 min read

Reforesting degraded land could cut 90 million tons of carbon emissions annually, says IFC

The International Finance Corp (IFC) is offering loans to Indonesian companies that are interested in reforesting degraded land, in an effort to reduce carbon emissions. The World Bank investment arm...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Could a standards shake-up restore confidence in the 'stalled' carbon market?

Could a standards shake-up restore confidence in the 'stalled' carbon market?

New report argues clear, aligned, and stable rules on carbon credit use are critical to reigniting 'stalled' market participation and closing $1.3tr climate finance gap

Stuart Stone
clock 21 July 2025 • 8 min read
 'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025

'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025

New data from Sylvera shows increased activity and a continuing market shift towards higher quality and compliance grade carbon credits

clock 02 July 2025 • 5 min read
NAO warns 'uncertainties' could undermine future effectiveness of UK ETS

NAO warns 'uncertainties' could undermine future effectiveness of UK ETS

Greater policy and price certainty needed to ensure effectiveness of UK’s Emissions Trading Scheme (NAO)

Michael Holder
clock 30 June 2025 • 3 min read