Factsheet: Permanent forest fund

Permanent forest fund

Key Information

Country/Region:

Full name of Instrument & Measure (English): 
Decree Law No. 63/2004, of 22 March (Permanent Forest Fund (FFP))
Full name of Instrument & Measure (native language): 
Decreto-lei 63/2004 de 22 de Março (Fundo Florestal Permanente (FFP))
Description: 
This Decree-Law, composed of 6 articles, institutes the Permanent Forestry Fund, an autonomous body, created complementarily with the Institute for Financing and Supporting the Agriculture and Fisheries Development (IFADAP). It sets the objectives of the Fund, as, for instance: promoting the investment, management and prevention of forest fires; supporting the preventive measures of forest fires; creating financial mechanisms for enabling sustainable forestry models. The Ministry for Agriculture, Rural Development and Fisheries shall approve the programme of financial aid to be granted by the Fund. Finally, the Decree indicates the various possible aid foreseen (subsidies, credit lines, insurance premiums and guarantees) and the areas covered by the Fund. The decree is amended by Order No. 296/2013. Amended articles: 3-5 and 7-26 of the Regulation of the Permanent Forestry Fund (approved by Order No. 113/2011) deal with administrative and legal proceedings as well as competence, duties and responsibilities of the above mentioned Forestry Fund, aiming at creating financial mechanisms for enabling sustainable forestry sector. The Ministry for Agriculture, Rural Development and Fisheries shall approve the programme of financial aid to be grated by the Fund.
Goal/Aim: 
Stimulate sustainable forest management.

Sector/Topic targeted:

Responsible Authority: 
Ministério da Agricultura, do Desenvolvimento Rural e das Pescas (MADRP) - Ministry of Agriculture, Rural Development and Fisheries (MADRP)

Status:

Year Instrument & Measure Started: 
2004
Year Last Instrument & Measure was last Amended: 
2013