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  Within the framework of the Strategic Climate Fund, targeted programs with dedicated funding can be established to provide financing to pilot new development approaches or scaled-up activities aimed at a specific climate change challenge or sectoral response. The Forest Investment Program, proposed at the June 2008 CIF design meeting in Potsdam, Germany is a program under the SCF (and currently under design) that will mobilize significantly increased investments to reduce deforestation and forest degradation, and promote improved sustainable forest management, leading to emission reductions and the protection of carbon reservoirs.
The FIP will take into account country-led priority strategies for the containment of deforestation and degradation and build upon complementarities between existing forest initiatives.
The first Design Meeting for the FIP held was held at the World Bank's Headquarters on October 16-17, 2008.
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Recent Meetings:
FIP Sub-Committee Meeting
October 29, 2009
Washington, D.C.
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