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COP28

How the World Bank aims to advance forest certificates

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Published: December 2nd, 2023,
Last updated: May 28th, 2025

Waldzerstörung in Indonesien
Deforestation in Indonesia. The country is involved in the World Bank roadmap.
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The World Bank has unveiled plans at COP28 in Dubai to facilitate the growth of „high-integrity“ global carbon markets. Trading on the market according to the new World Bank standards is set to begin next year. Fifteen countries participate in the „World Bank Engagement Roadmap for High-Integrity Carbon Markets“: Chile, Costa Rica, Ivory Coast, the Democratic Republic of Congo, the Dominican Republic, Fiji, Ghana, Guatemala, Indonesia, Laos, Madagascar, Mozambique, Nepal, the Republic of Congo and Vietnam. Their carbon certificates are intended to be generated through forest protection.

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