Statement of financial position
At December 31, 2023
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Statement of changes in capital
At December 31, 2023
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Statement of comprehensive income
At December 31, 2023
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Summary of material 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 December 31, 2023
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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-
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