This Order provides the basic procedures and requirements in the implementation of the Forestry Investment Portfolio Approach (FIPA) that would encourage investments towards the attainment of sustainable forest management. The general objective of this Order is to operationalize the FIPA in the development of forestry related projects through private sector investment in forestry. The text follows the objectives to make available the investment portfolio package for investment opportunities, to facilitate a process for securing tenure instruments, to provide technical assistance, to establish linkage between different sectors and to make sure that the forestry projects are in line with the national and local priority plans. The text further provides for creation of forestry investment review committee, procedures and assessment phase, documentary, formulation and packaging phase, approval of portfolio packages, bidding and awarding of package and approval of forest tenure instrument. The Order consists of 17 Articles.
الفلبين · 2021-03-16