Malaysia Forest Fund Introduces Groundbreaking Forest Conservation Certificate

Kuala Lumpur, May 27, 2024 – The Malaysia Forest Fund (MFF) has launched the Forest Conservation Certificate (FCC), a non-market-based financial mechanism designed to fund forest conservation activities. This initiative aligns with the broader goals of the National REDD Plus Financial Framework (RFF), underscoring Malaysia’s commitment to sustainable environmental practices. Innovative Financial Instruments for Conservation Speaking at the launch ceremony, Minister of Natural Resources and Environmental Sustainability (NRES), Nik Nazmi Nik Ahmad, highlighted the FCC as one of the key mechanisms developed by MFF under the RFF. The FCC, unlike traditional market-based instruments, provides financial support for conservation activities on