Investment in Forests and Sustainable Land Use Phase 2 (IFSLU2) Component 5 (MEL)
- Published
- 19 December 2024
- Notice number
- 041004-2024
- Reference
- ocds-h6vhtk-04c9a6
- Official source
- Official source
Description
IFSLU2 is a flagship programme under the Foreign, Commonwealth and Development Office's (FCDO) International Climate Finance (ICF) portfolio. IFLSU2 is a £500 million commitment over a 10-year period, with a first tranche of £195m starting in Financial Year (FY) 2023/24 with a planned end of 31st March 2028. This new commitment of ODA funding will build on a successful first phase of operations through Investments in Forests and Sustainable Land Use (IFSLU1) (£140m, 2015-24). IFLSU1 worked with the private sector to develop and implement new approaches to business which balance commodity production, livelihoods and forest protection and mobilise investment in protection and sustainable use of forest resources. Results include over £1bn in private investment mobilised into sustainable agriculture, forest protection and restoration. This has improved management across 4.5m hectares of land, benefiting over 250,000 people, mainly smallholder farmers and rural communities. IFLSU2 will be delivered through five linked components: • Component 1 – Business incubation, pipeline development, business enabling conditions and demand-side measures. Interventions oriented towards catalysing for…
Official publications
- FTS · 041004-2024 · 19 December 2024
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