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February 09, 2012

Plan for Forest Investment that provides $ 6.5 million for actions in Brazil has public consultation open until the 5th of March

IPAM

Public Consultation on Brazil’s Investment Plan for the Forest Investment Program (FIP) is underrepresented by civil society and indigenous peoples

A Public Consultation coordinated by the Ministry of Environment regarding Brazil’s Investment Plan for the Forest Investment Program (FIP) is underrepresented by civil society and isn’t being attended even by representatives of the indigenous peoples. According to MMA website, the public consultation will continue until the 5^th of March, 2012.

The event, held in Brasília on the 7th of February, was attended by a FIP Brazilian representative, Artur Cardoso (Ministry of Finance) and reunited representatives from the Environment Ministry, the Science and Technology Ministry, the Brazilian Forest Service, the Finance Ministry, IPAM, Funbio, Unb, WWF, GTA, Brazil Network, among others. There were presentations regarding FIP objectives and financeable activities, the current context of deforestation in the cerrado biome and debates on the plan’s strong and weak points, as well as the necessary actions that need to be taken.

Regarding Brazil’s Investment Plan for FIP, specialists have highlighted, among its strong points, the existence of a complementary effort on policies and actions already existent (Low Carbon Agriculture and Rural Environment Cadaster), prioritizing the cerrado biome, focusing on sustainable production, the opportunity for inter-ministerial integration and the existing scientific base.

Among its weak points, it was pointed the weak participation of civil society in the consultations, the necessity of an investment plan and the low resources to meet such ambitious goals. It was also highlighted the necessity of a definition regarding a base line for the cerrado, which would serve to evaluate the impact of an emissions reduction. The most urgent points for enhancing the plan include a strategy to guarantee the sustainability of post-investments actions, the detailing of how the interested parties can get involved and how the financial arrangements would work, besides defining a plan management and the ways the counterparts and the strategy and involvement of the states and municipalities on designing the projects would work.

Investment will provide $70 million for actions in Brazil

Created in the scope of the Climate Investment Fund (CIF), the Forest Investment Program (FIP) aims to catalyze policies, measures and gather funds to facilitate the reduction of deforestation and forest degradation, as well as to promote an improvement on the sustainable management of forests, leading to emissions reductions and protection of forest carbon stocks.

FIP has a budget of approximately $550 million to apply on 8 test-countries, selected among 50 developing countries. Besides Brazil, the selection included Burkina Faso, Democratic Republic of the Congo, Gana, Indonesia, Laos, Mexico and Peru. About $70 million should be donated to Brazil through donations and concessional loans. Besides, the Donation Mechanism Dedicated to the Indigenous Peoples and Local Communities will come into force, aiming to promote a full and effective participation of this sector on creating and implementing investment plans in the test-countries. The Mechanism is being developed by an international work group made of representatives of the indigenous peoples and local communities of the test-countries’ geographic regions.

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Read also (in portuguese): Brazil’s position regarding FIP still uncertain

 

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