The Agreements further aim to ensure that recognized industry partners are achieving appropriate standards for traceability, corporate communication and marketing in their FIP-related activities.
Recognizing that the private sector will be essential to the ultimate success of the FIP, the Agreements detail the agreed objectives, commitments and responsibilities of industry partners. Through an annual fee, the Partner Agreements help secure finances for “core” activities and support services to Partners provided by WWF and VinaTuna
. More essentially they help pave the way for further application of financing models that engage (and derive support from) the supply chain, to ensure that the prescribed activities under the Action Plan
are fully supported.
Some of the essential elements of the Agreements (and overall structure of market recognition related to the FIP) are: