The Dedicated Grant Mechanism (DGM) is a global initiative that supports the participation of Indigenous Peoples and Local Communities (IPLCs) in the international effort to reduce greenhouse gas emissions from deforestation and forest degradation (REDD+) and promote sustainable forest management. Although still a relatively new initiative, it is showing promise as a new model for building capacity and broadening engagement with IPLCs. A broad range of stakeholders – including forest-dependent communities, DGM practitioners, donors, multilateral development banks, and climate funds – have expressed a strong interest in both the DGM-specific and the universal lessons that are being captured.