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.

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.