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Vanuatu
Vanuatu is an archipelagic nation of about 83 islands in the South Pacific Ocean, with 36% (440,000 ha) of forest cover. Between 1980 and 1990, commercial logging was responsible for significant increases in forest degradation. More recently, small-scale subsistence activities have become one of the most important drivers of land use change affecting forests. Increasing infrastructure, tourism and agro-industry developments are also expected to become important drivers to be addressed in Vanuatu’s REDD+ efforts.
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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.