Forest and Farm Facility Annual Report 2024

The Forest and Farm Facility (FFF) is pioneering a model for delivering finance directly to forest and farm producer organisations (FFPOs). It works with these producer groups among Indigenous Peoples, local communities and smallholder farmers.

2024 was a year of considerable achievement for the FFF, with record delivery of finance to FFPOs leading to significant progress in the field; knowledge-sharing on the effectiveness of FFPOs; and strong signs that FFPOs are increasing their policy influence through advocacy.

The FFF approach has shown that directing funds through FFPOs is an effective way to get rapid impact – growing recognition of this helped put FFPOs at the centre of new programmes in 2024 valued at nearly US$110 million. The FFF made its highest disbursement in its history in 2024, at $16.3 million, almost double the previous highest ($8.30 million), recorded in 2023.

With the increased disbursement, FFF made strong progress on various fronts towards its four outcomes. For example:

• FFF-supported FFPOs brought about 64 national-level changes in policy in 2024 (up by 25% over 2023).
• FFF has cumulatively supported 53 apex FFPOs to provide business incubation services to 852 FFPOs, of which 417 (more than half led by women) have clearly developed or enhanced added value – a 62% increase compared with the total in 2023.
• FFF has supported restoration, protection and sustainable management on a cumulative 531,000 hectares of land – an increase of more than one-third compared with 2023. These efforts have benefited 289,000 people (up by 38% compared with 2023).
• More than 78,000 people received improved social or cultural services thanks to the efforts of at least 70 FFF-supported FFPOs.

This demonstrates how, with support, FFPOs can be game-changing investors in landscape restoration, climate change adaptation and mitigation, biodiversity and agrobiodiversity conservation, poverty reduction and equality.

This report provides a summary of FFF's accomplishments in 2024, sharing highlights, challenges and lessons.