The International Climate and Forest Initiative (NICFI) is a Norwegian government-funded program that finances efforts to reduce tropical deforestation and forest degradation in developing countries. The initiative directs capital toward forest conservation, sustainable land use, and climate change mitigation through results-based payment agreements with forest-rich nations in South America, Africa, and Southeast Asia. NICFI employs a multilateral approach, working with international organizations, governments, civil society, and indigenous communities to develop effective forest governance systems and market-based incentives. The initiative's investment strategy emphasizes forest monitoring...
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