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EASTERN PROVINCE JURISDICTIONAL SUSTAINABLE LANDSCAPE PROGRAM - EMISSIONS REDUCTION PROJECT

Abstract*

The project aims to financially incentivize and scale up sustainable land use practices in Zambia’s EP by enabling the GRZ to generate and sell carbon credits based on emission reductions achieved. The project—an emission crediting transaction—will specifically: (1) establish and administer an emission reduction payment agreement (ERPA) for the purchase of eligible land-based GHG emission reductions (ERs) achieved in the Eastern Province of Zambia...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To generate payments to the Program Entity for measured, reported, and verified Emission Reductions (ERs) and to distribute the payments according to an agreed Benefit Sharing Plan (BSP).

Key Details

Project Details

  • P155827

  • Active

  • Silvia Mauri

  • Republic of Zambia

  • Zambia

  • May 2, 2016

  • (as of board presentation)

    May 20, 2024

  • September 9, 2024

  • US$ 30.00 million

  • Ministry of Green Economy and Environment

  • Eastern and Southern Africa

  • 2024

  • US$ 43.96 million

  • N/A

  • July 14, 2023

  • October 31, 2030

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Global Environment Facility (GEF) 2.00
BioCF Tranche 3 35.00
BioCFplus Initiative for Sustainable Forest Landscapes 6.96

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 43.96
Total Project Cost** 30.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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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
Overall Implementation Progress (IP) Satisfactory 2025-02-26
Progress towards achievement of PDO Satisfactory 2025-02-26
Project Management Satisfactory 2025-02-26
Financial Management Satisfactory 2025-02-26
Monitoring and Evaluation Satisfactory 2025-02-26
Procurement Satisfactory 2025-02-26

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.