The CIF monitors and reports on the Forest Investment Program's (FIP) contributions to GHG reductions, enhancement of carbon stocks, and livelihood co-benefits, such as access to finance, technical assistance, and new jobs. Projects and programs also report on other relevant co-benefits, including biodiversity and environmental services, governance, tenure, and capacity building.
Multi-stakeholder engagement is central to the development and implementation of FIP investment plans. Every year, state and non-state stakeholder groups in FIP countries come together for a scoring workshop to assess FIP progress on MDB-approved projects. This commitment to inclusivity enriches the process, builds monitoring and reporting capacity, and improves results.
The FIP portfolio is in the early stages of implementation, with 21 of 34 FIP projects that are MDB-approved for implementation reporting target results. Targets and achieved results will increase as more projects begin implementation and mature.