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MZ Zambezia Emissions Reductions Payment

Development Objective

To achieve payments for measured, reported and verified emission reductions (ER) from reduced deforestation (ER payments) in the area of the Zambezia Integrated Landscape Management Program (the Program), and distribute ER payments in accordance with an agreed-upon benefit sharing plan.

Key Details

Project Details

  • P164524

  • Active

  • Andrew Zakharenka

  • Ministry of Economy and Finance (MEF)

  • Mozambique

  • July 11, 2018

  • (as of board presentation)

    December 13, 2018

  • February 5, 2020

  • US$ 50.00 million

  • National Sustainable Development Fund (FNDS)

  • Eastern and Southern Africa

  • 2019

  • US$ 50.00 million

  • B

  • June 27, 2024

  • December 31, 2025

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
The Forest Carbon Partnership Facility – Carbon Fund 50.00

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 February 28, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2024-12-06
Financial Management Satisfactory 2024-12-06
Overall Implementation Progress (IP) Moderately Unsatisfactory 2024-12-06
Monitoring and Evaluation Satisfactory 2024-12-06
Progress towards achievement of PDO Moderately Unsatisfactory 2024-12-06
Project Management Satisfactory 2024-12-06

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Volume of CO2 Emissions Reductions that have been measured and reported by the Program Entity, verified by a Third Party, and transferred to the FCPF Carbon FundValue0.002524633.0010000000.00
    DateMay 16, 2018April 15, 2024December 31, 2025
    Comment
  • Payment by the FCPF Carbon Fund for CO2 Emission Reductions generated by the ProgramValue0.007034954.5550000000.00
    DateMay 16, 2018April 15, 2024December 31, 2025
    Comment
  • Emission Reductions payments distributed in accordance with agreed Benefit Sharing Plan and arrangementsValueNoYesYes
    DateMay 16, 2018April 15, 2024December 31, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Volume of CO2 Emissions Reductions that have been measured and reported by the Program Entity, verified by a Third Party, and transferred to the FCPF Carbon FundValue0.002524622.0010000000.00
    DateMay 16, 2018April 15, 2024December 31, 2025
    Comment
  • Emission Reductions payments distributed in accordance with agreed Benefit Sharing Plan and arrangementsValueNoYesYes
    DateMay 31, 2018April 15, 2024December 31, 2025
    Comment
  • Payment by the FCPF Carbon Fund for CO2 Emission Reductions generated by the ProgramValue0.007034954.5550000000.00
    DateMay 16, 2018April 15, 2024December 31, 2025
    Comment