![]() Facilitate the leveraging of additional and sustained financial resources for REDD, including through a possible UNFCCC forest mechanism, leading to an effective and sustained reduction of deforestation and forest degradation, and enhancing the sustainable management of forests.Initiate and facilitate transformational change in developing countries’ forest related policies and practices.The FIP is designed to support developing countries’ REDD efforts and promote sustainable forest management through four main objectives: Until such time, donors and recipients operate under the existing framework. The implementation of the CIF ‘sunset clause’ has been suspended repeatedly and in 2019 indefinitely. ![]() The FIP is subject to the CIF ‘sunset clause’ which proposes the closure of the CIF once a new financial architecture becomes effective under the UNFCCC regime. It works towards this goal by providing scaled-up financing to developing countries for readiness reforms and public and private investments, identified through national REDD readiness or equivalent strategies. The FIP supports developing countries’ efforts to reduce deforestation and forest degradation (REDD) and promotes sustainable forest management that leads to emission reductions and the protection of carbon reservoirs. The Forest Investment Program (FIP) is a targeted programme of the Strategic Climate Fund (SCF) within the Climate Investment Funds (CIF). ![]()
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