FMO | 2023 | MOBILISING FINANCE FOR FORESTS PROGRAMME

Statement of financial position

At June 30, 2023

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Statement of changes in capital

At December 31, 2022

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Statement of comprehensive income

At June 30, 2023

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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.

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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.

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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-