Forest Investment Program

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Aerial view of Indonesian forest

Pilot Countries

Brazil
Burkina Faso
Democratic Republic of Congo
Ghana
Indonesia
Laos
Mexico
Peru

The Forest Investment Program (FIP) is a targeted program of the Strategic Climate Fund (SCF), which is one of two funds within the framework of the Climate Investment Funds (CIF).

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. It achieves this 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 takes into account country-led priorities and strategies for the containment of REDD, while building on existing forest or related initiatives. It promotes programmatic investments aimed at transformational change in the forest sector or sectors affecting forests.

It supports:

Investments that build institutional capacity, forest governance and information;
Investments in forest mitigation efforts, including forest ecosystem services; and
Investments outside the forest sector necessary to reduce the pressure on forests such as alternative livelihood and poverty reduction opportunities.

FIP investments also mainstream climate resilience considerations and contribute to multiple co-benefits such as biodiversity conservation, protection of the rights of indigenous peoples and local communities, and poverty reduction through rural livelihoods enhancements.

Click here for the most recent semi-annual report (June 2011)

Additional Pilots

If, in the future, resources become available that would permit transformational impacts to be achieved in additional countries in accordance with paragraph 15 of the FIP Design Document, the FIP Sub-Committee may decide to consider additional pilots. If this occurs, the expert group report (document FIP/SC.4/7) should be taken as the basis for further discussion together with other relevant information.

Multilateral Development Bank Focal Points

MDB	Focal Point
AfDB	Mafalda Duatarte, Principal Climate Change Specialist, m.duarte@afdb.org Albert Mwangi, Senior Forestry Officer, Agriculture and Agro-Industry, a.mwangi@afdb.org
ADB	David McCauley, Principal Climate Change Specialist, Regional and Sustainable Development Department, dmccauley@adb.org Ancha Srinivasan, asrinivasan@adb.org Javed Mir, jmir@adb.org Shaanti Kapila, CIF Liaison Officer, skapila.consultant@adb.org
EBRD	Andreas Biermann, Senior Policy Manager, Energy Efficiency and Climate Change team, CTF and SREP, responsible for mitigation measures, biermana@ebrd.com Craig Davies, Senior Environmental Advisor, Environment & Sustainability Department, PPCR, oversight on adaptation measures, DaviesC@ebrd.com Marta Simonetti Whitford, Principal Manager, Official Co-Financing Unit, Overall management for CIF and media inquiry, simonetm@ebrd.com
IDB	Gloria Visconti, Senior Climate Change Specialist, gloriav@iadb.org Jessica Thompson, Climate Change Coordination, Jessicat@iadb.org
IFC	Lisa da Silva, Senior Investment Officer, lsilva@ifc.org Noleen Dube, Operations Officer, ndube@ifc.org Joyita Mukherjee, Sr. Operations Officer, jmukherjee1@ifc.org
WB	Mary Barton-Dock, Director, Environment, Mbarton@worldbank.org Gerhard Dieterle, Adviser, Agriculture & Rural Development, gdieterle@worldbank.org Madhavi Pillai, Agriculture & Rural Development, mpillai3@worldbank.org Nancy Chaarani Meza, Operations Analyst, nchaaranimeza@worldbank.org