FMO | 2023 | MOBILISING FINANCE FOR FORESTS PROGRAMME

Highlights

This year we focused on expanding the MFF portfolio and pipeline. We added 2 loans to the portfolio: a development contribution to Treevive and a loan to Ecua America Teak that catalysed the same amount from FMO’s own funding.

Production

International principles

Our impact goes beyond our investments. To embrace our mission fully, we are committed to doing business in a responsible and sustainable way, guided by global standards and guidelines.

Statement of financial position

At June 30, 2023

Read more ›Statement of financial position

Statement of changes in capital

At December 31, 2022

Read more ›Statement of changes in capital

Statement of comprehensive income

At June 30, 2023

Read more ›Statement of comprehensive income

Summary of accounting policies

Mobilising Finance for Forests (MFF), the programme, was established by the UK Government in 2021 to support the combat against deforestation and environmentally unsuitable land use practices.

Read more ›Summary of accounting policies

Notes to the annual accounts

The cash on bank accounts can be freely disposed of. The bank account is held by FMO on behalf of the programme.

Read more ›Notes to the annual accounts

Statement of cash flows

At June 30, 2023

Risk management

For FMO, acting in its role as Programme manager (hereafter ‘FMO’) to be able to carry out the programme’s strategy, it is essential to have an adequate risk management system in place to identify, measure, monitor and mitigate financial and non-