{"id":481729,"date":"2025-06-19T05:16:54","date_gmt":"2025-06-19T05:16:54","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/06\/19\/carbon-payment-ivory-coast-receives-15-million-dollars-and-emerges-as-a-model-in-africa\/"},"modified":"2025-06-19T05:17:03","modified_gmt":"2025-06-19T05:17:03","slug":"carbon-payment-ivory-coast-receives-15-million-dollars-and-emerges-as-a-model-in-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/06\/19\/carbon-payment-ivory-coast-receives-15-million-dollars-and-emerges-as-a-model-in-africa\/","title":{"rendered":"Carbon payment: Ivory Coast receives 15 million dollars and emerges as a model in Africa"},"content":{"rendered":"
<\/div>

Ivory Coast confirms its leadership position in green financing. This Tuesday, June 17, 2025, Ivorian authorities officially announced the receipt of a second carbon payment of 15 million dollars, approximately 9 billion CFA francs, as part of the Emission Reductions Payment Project (PRE) around the Ta\u00ef National Park. This payment brings the total received by the country to 50 million dollars (30 billion CFA francs) for its efforts to reduce CO\u2082 emissions, under a contract signed with the World Bank and financed by the Forest Carbon Partnership Facility (FCPF).<\/p>\n

The announcement was made in Abidjan, during a press conference in Plateau, in the presence of senior Ivorian officials and representatives from the World Bank. This project is a first on the continent, as Ivory Coast becomes the first African country and the second in the world after Vietnam to fully execute a carbon contract with the FCPF, according to Marie-Chantal Uwanyiligira, World Bank’s Country Director for Ivory Coast.<\/p>\n

A model of rigor and transparency<\/p>\n

This success is based on a payment mechanism based on performance, verification, and transparency. Konan \u00c9ric, national coordinator of the PRE project, explained that the system relies on Calls for Expression of Interest (EOI), independent verification of declared emission reductions, and above all, direct payment via Mobile Money, ensuring optimal traceability.<\/p>\n

Since the start of payments in December 2024, 12,000 people have already benefited from the funds, out of a total of 30,000 identified beneficiaries. A second wave of EOIs is expected in July 2025 to further expand access to the project’s benefits. To be eligible, each participant must have a valid identification document and a Mobile Money account in their name.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Ivory Coast confirms its leadership position in green financing. This Tuesday, June 17, 2025, Ivorian authorities officially announced the receipt of a second carbon payment of 15 million dollars, approximately 9 billion CFA francs, as part of the Emission Reductions Payment Project (PRE) around the Ta\u00ef National Park. This payment brings the total received by<\/p>\n","protected":false},"author":537202,"featured_media":481731,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/06\/18\/paiement-carbone-la-cote-divoire-percoit-15-millions-de-dollars-et-simpose-comme-modele-en-afrique\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12018],"tags":[],"class_list":{"0":"post-481729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-climate-finance","8":"pmpro-has-access"},"yoast_head":"\nCarbon payment: Ivory Coast receives 15 million dollars and emerges as a model in Africa - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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