Voluntary Support to The Forest Carbon Partnership Facility - FCPF The Forest Carbon Partnership Facility (FCPF) assists developing countries in their efforts to reduce emissions from deforestation and forest degradation by  enabling developing countries to participate in a system of positive incentives for REDD+. The FCP
F has two funding mechanisms ? the Readiness Fund and the Carbon Fund. The FCPF Readiness Fund  supports developing countries in preparing themselves to reduce emissions from deforestation and forest degradation to enhance national management arrangements 
and to develop reference emission levels and to design measurement. In addition the FCPF activities contribute to biodiversity conservation and enhancement of livelihoods of local communities . The current capitalization of the Readiness Fund is $358 milli
on (10/2014). The Carbon Fund is the FCPF?s instrument to pilot results-based  payments for  emission reductions from REDD+ programs.An independent external evaluation of the FCPF was undertaken in 2011. According to the assessment the FCPF has made signif
icant progress in building in-country capacity and in disseminating knowledge on REDD+ readiness. Less progress has been made on piloting a performance-based system of payments enhancing livelihoods and conserving biodiversity. Finland has supported the FC
PF with a total of 15 million euros between 2008-2012. In 2014 Finland's support is three million euros.