CAFI-CAMEROON-REGULAR_013

AFD receives funds for Cameroon National Investment Framework

Posted on February 1, 2018 7:50:00 AM

The forest massif of the northwest Congo Basin, Cameroon has 41.3% forest coverage. From a population of 22.77 million, approximately 80% of Cameroonians, especially the poorest, depend on forest and primary resources to maintain livelihoods. In line with the annual growth rate, the pressure on these reserves continues to mount.

 

December 2017 marked the release of a second tranche of funding received from the CAFI Multi-Partner Trust Fund. The French Development Agency now succeeds The World Bank – recipient of the first tranche, to continue the development of a National Investment Framework (NIF) to address drivers of deforestation and forest degradation, in the Republic of Cameroon.  The first tranche of funding was transferred in September of 2016, which marked the beginning of stakeholder engagement and planning.

CAFI preparation funds serve to assist the Government of Cameroon to prepare a NIF with support from implementing partners. Targeted activities include addressing information and data gaps, and capacity building for NIF preparation and eventual implementation.

The process will build on the investment plan the government of Cameroon presented to the Forest Investment Program Sub-Committee end of last year.

The CAFI Executive Board will take stock of progress during early 2018.

 

Cameroon has been engaged in international negotiations on REDD+ since 2005 and is an active member of the Central African Forest Commission (COMIFAC) and the Working Group on Climate Change. Cameroon is also engaged with the EU FLEGT (Forest Law Enforcement, Governance and Trade) process to combat illegal logging.

The country has made important progress on REDD+, in part through a grant provided by the Forest Carbon Partnership Facility (FCPF), and having finalized the first draft of the national REDD+ strategy in 2016.

Homepage Cameroon news article