Phase 3 of the RAFT Programme The Responsible Asia Forestry and Trade Programme Phase 3 (RAFT 3) aims to reduce tropical deforestation and forest degradation in the Asia-Pacific by 50 per cent by 2020. The RAFT 3 Programme is managed by the Department of the Environment (DOE) and The Nature Conservancy (TNC). The activities under RAFT 3 will support the objectives of the Asia-Pacific Rainforest Recovery Plan, which aims to halve deforestation in the next five years and halt deforestation by 2030. The total value of this investment is $6.0 million expensed in the 2014-15 financial year.