‘(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.