The Forest Carbon Partnership Facility is a global partnership of governments, businesses, civil society, and Indigenous Peoples focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries (activities commonly referred to as REDD+).
After 10 years in operation, the FCPF has grown into a $1.3 billion fund and is now one of the leading initiatives in the world for the advancement of climate-smart forest and land use. The FCPF works with 47 developing countries across Africa, Asia-Pacific, and Latin America and the Caribbean.
With the support of the FCPF’s Readiness Fund, countries lay the groundwork to implement REDD+. The FCPF Carbon Fund pilots results-based payments to countries that have advanced through REDD+ readiness and implementation and achieved verified ERs in their forest sector. In addition to emission reductions, the FCPF tests ways to sustain or enhance livelihoods of local communities and to conserve biodiversity.