Nicaragua
The area of highest priority for the reduction of greenhouse gas emissions in Nicaragua is its Caribbean Coast that contains 80% (3.2 million ha) of Nicaragua’s total forest area, and is home to the country’s Bosawas Biosphere Reserve and Indio Maiz Biological Reserve. The Caribbean Coast has been a major source of deforestation and forest degradation in Nicaragua, driven primarily by extensive livestock and agricultural production, forest fires, firewood collection and logging.
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FCPF 2024 Annual Report
The 2024 FCPF annual report spotlights a banner year for total FCPF emission reductions payments, which more than tripled from $53.2 million in 2023 to $164.5 million in 2024.