clean energy nepal

In relation to the REDD+ Readiness work, the Government of Nepal (GoN) also prepared an Emission Reduction Program Idea Note (ER-PIN) and presented to Forest Carbon Partnership Facility (FCPF) for future carbon finance operation. Based on GoN’s own estimates, the program could generate emission reductions of up to 14 million tons of CO2 over a 5-year period. Nepal's ER-PIN was selected by Carbon Fund Participants and authorized the World Bank to support the development of a full Emission Reduction Program Document (ER-PD).

 In this regards, GoN, REDD+ Implementation Centre formally launched the Emission Reduction Program Document (ER-PD) on the 14 August 2016. The program proposes to build on the community and collaborative forest management systems and address key gaps in enforcement and scientific management of forests. There is potential for deriving benefits from Reducing Emission from Deforestation and Forest Degradation (REDD+), with the ER-PD currently under development to manage national forests through community and collaborative forest management with appropriate safeguards, and a benefit sharing mechanism that will bring economic benefits to local forest management groups. It is expected that Government of Nepal will enter into Emission Reduction Purchasing Agreement with FCPF by 2017.