FIP Pilot Programs

Village scene in Democratic Republic of Congo
The Forest Investment Program (FIP) provides funding to support developing country efforts to reduce deforestation and forest degradation and promote sustainable forest management that leads to emissions reductions and enhancement of forest carbon stocks (REDD+). Funds are allocated to countries on a programmatic basis involving extensive consultations processes, lead by the collaborative effort of country governments and regional MDBs, with a view to develop strategic investment projects. Currently, the FIP has allocated USD 420 million to 8 pilot countries: Brazil, Burkina Faso, DRC, Ghana, Indonesia, Lao PDR, Mexico and Peru
 
 
A villager canoeing. Kubu Raya, West Kalimantan, Indonesia.Photo by Kate Evans (CIFOR).

‘(FIP’s Indonesia private sector funding) will accelerate the process to achieve sustainable forestry management and the ultimate goal where we can support the REDD+ (emissions reductions and enhanced forest stocks) program introduced by the government.’ - Purwadi Soeprihanto, Director, Association of Indonesian Forest Concessionaires 

Photo by Kate Evans (CIFOR)

 

Additionally, the Dedicated Grant Mechanism (DGM) provides grant funding for indigenous peoples and local communities to engage in REDD+ processes in the select pilot countries, and to design and implement investment projects that further the REDD+ agenda in those respective countries. Eligible stakeholders interested in accessing this funding will need to go through the respective National Steering Committees in the pilot country where the FIP operates. Consistent with the programmatic approach, all investments under this mechanism is expected to compliment the strategic investments set out in country investment plans.