| Financier | Commitments |
|---|---|
| The Forest Carbon Partnership Facility – Carbon Fund | 50.00 |
Atiala-Atsinanana Emission Reductions Program
Abstract*
The objective of the Atiala-Atsinanana Emission Reductions Program Project is to make payments to the program entity for measured, reported and verified Emission Reductions (ER payments) related to reduced deforestation, forest degradation and the enhancement of forest carbon stocks (REDD+) at the national level in Madagascar, and distribution of ER payments in accordance with agreed Benefit Sharing Plan. The significant impacts of the pandemic on... Show More
Development Objective
The objective of the Program is to make payments to the Program Entity for measured, reported and verified Emission Reductions (ER payments) related to reduced deforestation, forest degradation and the enhancement of forest carbon stocks (REDD+) at the national level in Madagascar, and distribution of ER payments in accordance with agreed Benefit Sharing Plan.
Key Details
Project Details
P167725
Active
Sachiko Kondo
Ministry of Economy and Finance,Ministry of Environment and Sustainable Development
February 11, 2019
(as of board presentation)
February 4, 2021
March 21, 2022
US$ 50.00 million
National Office of Climate Change, Carbon and REDD+
2021
US$ 50.00 million
B
Not Applicable
December 31, 2025
Yes
BANK APPROVED
March 27, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 50.00 |
| Total Project Cost** | 50.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2025-05-22 |
| Monitoring and Evaluation | Satisfactory | 2025-05-22 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-05-22 |
| Procurement | Satisfactory | 2025-05-22 |
| Financial Management | Moderately Satisfactory | 2025-05-22 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-05-22 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Volume of ER (in tons) that have been measured and reported by the Program Entity, verified by a Third Party, and transferred to the FCPF Carbon Fund (tCO2e) Value 0.00 1764499.00 10000000.00 Date March 22, 2020 March 27, 2024 December 31, 2025 Comment Amount of payments by the FCPF Carbon Fund for CO2 Emission Reductions generated by the Program Value 0.00 8822495.00 50000000.00 Date November 30, 2020 March 27, 2024 December 31, 2025 Comment Emission Reductions payments distributed in accordance with agreed-upon Benefit Sharing Plan Value No No Yes Date December 15, 2020 March 27, 2024 December 31, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
N/A Value N/A N/A N/A Date May 6, 2021 May 6, 2021 December 31, 2025 Comment