Forest Carbon Partnership Facility - FCPF The Forest Carbon Partnership Facility (FCPF) assists developing countries in their efforts to reduce emissions from deforestation and land degradation (REDD). It has two objectives: to build capacity for REDD in developing countries, and to test a program
 of performance-based incentive payments in some pilot countries.  Two separate mechanisms are set up to support FCPF objectives: Readiness Mechanism and Carbon Finance Mechanism. Together, these two mechanisms seek to develop a realistic and cost-effectiv
e large new instrument for tackling deforestation, to help safeguard the Earth's climate, reduce poverty, manage freshwater resources, and protect biodiversity.