26 September 2013: Participants at the Fifth Forest Investment Program (FIP) Pilot Countries Meeting heard presentations on Indonesia’s institutional arrangements and proposed FIP activities, and discussed their national institutional arrangements.

The meeting, which took place from 24-26 September 2013, in Yogyakarta, Indonesia, brought together approximately 60 participants from pilot countries, multilateral development banks (MDBs), the Climate Investment Funds (CIF) Administrative Unit, civil society and the private sector.

Over the first two days of the meeting, in addition to sharing experiences in national institutional arrangements and discussing Indonesia’s institutional arrangements, participants: discussed and agreed on a FIP proposed approach for results measurement and annual reporting, to be addressed by the next FIP Sub-Committee meeting; and heard presentations on related activities and jurisdictional approaches to REDD+. They also attended a reception hosted by the Government of Indonesia at the Prambanan Temple.

On the meeting’s last day, participants took part in a field trip to various sites of the Yogyakarta Forest Management Unit (FMU), where they observed some of the activities currently being undertaken by the FMU, such as cajuput oil production and resin tapping.

The CIF are a set of financing instruments that provide developing countries with a jump-start toward achieving climate-smart development. The FIP supports the efforts of developing countries to reduce emissions from deforestation and forest degradation, promote sustainable forest management (SFM) and enhance forest carbon stocks. The CIF, formally approved by the World Bank’s Board of Directors on 1 July 2008, are a collaborative effort among MDBs and countries to bridge financing and knowledge gaps between now and the next international climate change agreement. [IISD RS Coverage] [Meeting Website]