US$100M fund created to secure indigenous land rights
A new $100 million initiative will help indigenous peoples and local communities in rural areas secure rights to their traditional lands.
The International Land and Forest Tenure Facility, formally launched launched week, was conceived by the Rights and Resources Initiative (RRI) in 2010 as a mechanism for scaling up recognition of rights to collective lands and forests. After four years of design and consultation, the Tenure Facility operated six pilot projects in Africa, Asia, and Latin America before formally launching October 3 with the support of the Ford Foundation, the Norwegian and Swedish governments, the Climate and Land Use Alliance and Acacia. The tenure facility will now invest at least $10 million a year for ten years, with an aim to secure at least 40 million hectares of forests and rural lands for local and indigenous communities.