The Forest Investment Programme (FIP), is a targeted programme under the Strategic Climate Fund (SCF) of the Climate Investment Fund (CIF).The FIP aims to finance country specific efforts to address the underlying causes of deforestation and forest degradation and to overcome barriers that have hindered past efforts to do so.
Ghana was among eight (8) countries in the world selected as a pilot country for the FIP in March 2010. Each pilot country had to develop a Forest Investment Plan for the approval of the Climate Investment Fund Subcommittee. Ghana prepared its Investment Plan together with stakeholders and was approved by the CIF subcommittee in November 2012. The Ghana Forest Investment Programme (GFIP) was born.
The Investment Plan outlined three (3) projects and secured a total funding of 50 Million Dollars from the SCF which is being disbursed through Multilateral Development Banks (World Bank, African Development Bank and International Cooperation). The African Development Bank also gave a grant worth five (5) Million Dollars to support the project 2 of the GFIP.
One of the principal aims of GFIP is to ensure the integrity, restoration, and sustainable management of forest resources by introducing more inclusive management practices and benefit sharing models, financial incentives, and investments.
The Ghana FIP Project Implementation Unit (PMU) utilizes an all-inclusive approach to engage multiple stakeholders at various levels for the ultimate success of the program.
The Ghana Forest Investment program has provided logistics supports to farmers and farmer groups, and fire volunteers, in the project districts. The programme is also supporting the development of CREMAs in selected areas.
The Forest Investment Programme (FIP), is a targeted programme under the Strategic Climate Fund (SCF) of the Climate Investment Fund (CIF). The FIP aims at financing country specific efforts to address the underlying causes of deforestation and forest degradation, and to overcome barriers that have hindered past efforts to do so.
The aim of the Ghana Forest Investment Programme (GFIP) is to address the underlying drivers of deforestation and catalyse transformational change by providing upfront investment to support the implementation of the REDD+ strategy, and generate information and experience for policy and regulatory changes, with the ultimate aim of reducing the emission of GHG within the LULUCF sector in Ghana.
GFIP is being implemented in the High Forest Zone of Ghana, covering the Western and the Brong-Ahafo Regions. The main implementing /collaborating institutions are: Ministry of Lands and Natural Resources, Forestry Commission, CoCoBoD, Forest Research Institute of Ghana (FORIG), and some community based organisations.
