Unlocking private sector investment in projects that protect and restore tropical forests across Africa, Asia and Latin America.
According to the Intergovernmental Panel on Climate Change (IPCC), one fifth of global greenhouse gas emissions are the result of deforestation, agriculture and other unsustainable land uses, with valuable natural resources being cleared away at a rapid pace to make way for grazing animals and to grow crops. Investing in sustainable land use could provide up to one third of global greenhouse gas mitigation required internationally by 2030 and is essential to reach the Paris Agreement ambitions.
Mobilising Finance for Forests (MFF) was established in 2021 by the United Kingdom government and FMO as a blended finance investment program to combat deforestation and other environmentally unsustainable land use practices contributing to global climate change.
Mobilizing Finance for Forests investments will, over time, contribute to a reduction in deforestation rates by stimulating the growth of private sector investment in markets that create value from standing forests and incorporate forest protection into sustainable agricultural practices.