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The Forestry Investment Portfolio Approach (FIPA) is one of the Forestry Investment Roadmap (FIRM) activities to encourage private sectors to infuse their capital in forestry investments that will increase the forestry sector’s economic contribution to the Gross Domestic Product (GDP).

The Philippines requires 6 million cubic meters of wood annually based on the average consumption of wood from 2006-2014 (FMB 2015) and this demand for wood is projected to increase in the next few years. Out of this national demand for wood, only 25% comes from local sources while 75% are imported.

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Global Objectives on Forest
On 20 January, 2017, during the UN Forum on Forests, 197 Member States reached agreement on the first UN Strategic Plan for Forests that provides an ambitious vision for global forests in 2030. This plan will significantly improve the outlook for the world’s forests, including a target that would expand the world’s forests by 120 million hectares - an area about the size of South Africa - by 2030.
“Agriculture, forestry and fisheries contribute massively to achieving the Sustainable Development Goals… Forests and sustainable management of forests are core aspects of SDG15 and its targets. |more|
UN Forest Instrument: A Framework For Implementing Sustainable Forest Management
As a framework for implementing sustainable forest management, the UN Forest Instrument includes a set of 25 National Policies and Measures, which are designed to bring the country closer to the goal of achieving sustainably managed forest ecosystems all over the archipelago. Although on voluntary basis, each member state of UNFF is responsible for the sustainable management of its forests and enforcement of its forest-related laws. Importantly, in addition to the Government’s forest service units, all relevant stakeholders including local government units (LGU), local and indigenous communities, and non-governmental, civil society, academe, and media organizations will be involved through transparent, participatory constructive engagements, dialogues, and consultations. |more|
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