 Today is a great meeting to discuss all these issues about tenure and governance, as well as investment, because, of course, these are all linked. What we've learned over time is that one of the biggest constraints in the forest sector, constraints to conservation, constraints to poverty alleviation, and constraints to getting rid of corruption, etc., is the fact that the ownership of the land in the forest is contested in most parts of the world. So that means that in most developing countries, you still have a situation left over from the colonial period when states, governments claim ownership over, right now it's about 75% of all the forest, and that's despite the fact that in almost all of these forests, indigenous people and local communities live. So the fact that ownership over the land and forest is still contested between these local people and the government undermines our ability to bring solutions and sustainable investment and undermines our ability to reach scale. So RRI, the Rights and Resources Initiative, is a coalition that started about 10 years ago. It's a coalition of now 14 organizations that are collaborating with each other to focus on this issue of tenure reform in forest areas. And the coalition includes research organizations like C4, eCRAF, and a few others. It includes some human rights organizations like the Forest Peoples Program. It includes the indigenous peoples organizations like Teba from the Philippines, as well as conservation organizations, forest trends, etc. So it's a diverse mix of organizations that all have an interest in securing property rights. Now we're now in our 10th year. It's kind of amazing. It had a lot of impacts, helped move the needle in China and Indonesia, Brazil, and a number of countries. We've helped on advancing tenure reforms, legislation, and securing community rights. So it's all good, but nobody's happy yet because we've not gone far enough and there's still so much more to do. So several years ago when we conducted an internal evaluation of RRI, we identified that, look, we've got to start going beyond just the coalition. We've got to start engaging the private sector. We have to be much more creative in developing new instruments and new approaches to attract and incentivize private actors to become positive players. We also have to kind of find new ways to reach out and engage governments. And so there's two new instruments that we've created just over the last few years, and that's what we talked about today. And we presented products from those new instruments today. One is what we call the tenure facility. It's actually a new instrument. It's a new fund that finances securing community rights at scale. What that means is it's a source of funding for communities to map their land, register their land, and get that officially recognized. And we created that because there was a gap in the world. There's not funding, there's not enough funding actually out there now to meet the demand from communities or from governments. The World Bank is not providing enough funding, the bilaterals. So there's a big gap, and of course all actors now understand that securing property rights in forced areas is essential. Whether you're a private company, whether you're a community, whether you're a government, clarifying these property rights is essential. So we've created this tenure facility and we've just signed our first two investments in one in Indonesia with Amman, the National Federation of Indigenous People, and the others in Panama and Sukuna Peep, the National Federation of Indigenous People. And in both those cases, they'll use this money to actually map and secure property rights. And in doing so, develop protocols and examples with governments on how to scale up. This is new guidance about how private companies should acquire land. How should they either rent land or purchase land in developing countries in rural areas where there's forests and other common lands? So we developed this tool with what's called the interlocking group. It's another instrument that we've created. The interlocking group is a group of leading private companies that have already committed to do the right thing. Stop land grabbing, et cetera. And leading NGOs. We brought them together in a safe space. We used the Chatham House rule. There's about 15 people around the room. And they've developed the principles about how private actors can expand and leverage their incentive to secure community land rights. What should they be doing? What should they not be doing? And what should they be doing to secure community land rights? So the interlocking group is very interesting. That was just the first product. They have a number of other products in the pipeline. And that's Nestle, Unilever, Olam, Rio Tinto has been involved in that group from the private side. And on the NGO side, Global Witness, Forest Peoples Program, Oxfam had been involved, and a few other NGOs. So that group is unique because it's individuals from leading institutions and able to move very quickly on reaching agreements. And since we've adopted the Chatham House rule, they get very technical, very sincere discussions.