Panama

Panama is one of the fastest-growing economies in Latin American, but some of this growth has led to the loss of more than 250,000 hectares of mature forest in less than a decade. Uncontrolled deforestation has increased erosion rates and the risk of desertification, which are expected to be aggravated by the effects of climate change.

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.