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Viet Nam
One of the most important forest and biodiversity areas in Viet Nam is the country’s North-Central Coast (NCC) Region. It encompasses five internationally-recognized conservation corridors, and just under 60% of the area is forested. A significant amount of deforestation in the NCC region in recent decades has been driven by the expansion of agricultural land, mostly for rubber and cassava.
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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.