The UK announced up to £100 million of funding for forestry at Poznan in 2008. So far we have allocated £50 million to the Forest Investment Program (FIP), one of the multi-donor Climate Investment Funds, of which £12 million has been deposited. The FIP trust fund sub-committee is currently considering expressions of interest from 44 countries and regions, before selecting five pilots for funding. The UK is a member of this committee and will play a role in the deliberations. The remainder has been provisionally allocated to the FIP, and will be deposited in the next financial year, subject to good progress.