A new funding mechanism to protect the forests of the Congo Basin has been launched. Presented on 22 September 2023 at the UN Climate Summit in New York, the Indigenous Peoples and Local Communities Forest Fund (IIFF) will enable these groups to play a leading role in securing, protecting and managing the forests on which they depend. The $5 million initiative, launched by the Wildlife Conservation Society (WCS) and the Rainforest Foundation Norway (RFN), is dedicated to the Democratic Republic of Congo (DRC), which holds around two-thirds of the forest in the Congo Basin.