Negotiations begin on a Letter of Intent to support a national investment framework focused on land use planning and monitoring
|National Investment Framework||Accepted by the CAFI Executive Board as a good basis to initiate negotiations on a Letter of Intent (Decision EB.2017.03)|
|Implementing organization||French Development Agency|
|Funds requested||app. US$ 17 millions|
Gabon houses approximately 18% of the Congo- Ogooué Basin’s forest – with forests covering 88% of the country territory. For decades, Gabon’s economy has been driven by exports of oil resources. Though forestry exploitation has been an important component of the economy, deforestation rate is only 0.04%. However, as oil prices decline, economic diversification to other sectors is an important component of Gabon’s development strategy.
This is expected to result in increased resource exploitation by extractive industries and the rapid expansion of agricultural intensification. Indeed, one of the central objectives of the Emerging Gabon development plan is to make Gabon self-sufficient in terms of foodstuff production and an exporter of cash crops.
The Government of Gabon and CAFI share the vision that forests, their use, conservation and long-term functioning, have a true potential to achieve holistic low emission development. Gabon has embarked on a high-level political and strategic sustainable and green development process. Its multi-sectorial approach to sustainable development is well reflected within the CAFI theory of change (in CAFI Fund Terms of reference). Gabon is preparing a National Investment Framework for consideration by the CAFI Executive Board. This framework seeks to facilitate Gabon’s sustainable development, conservation, and climate change mitigation goals through two outcomes.
This land use plan will be based on robust information coupled with an inclusive, multi-ministerial process is the first outcome. Particular emphasis will be put on participative mapping of resource use by rural communities and public consultation and communication in the land use planning process, as well as on optimizing land allocation for industrial and small holder agriculture, in line with Gabon’s INDC.
The second outcome of the NIF is a rigorous long-term Natural Resources Monitoring and Observation System. It shall include observations from space and ground measurements to allow Gabon to identify and mitigate changes in forest cover, diversity and carbon sequestration capacity associated with various land use decisions. The system will simultaneously monitor i) forest ecosystem health, ii) floral and faunal diversity and iii) provision of ecosystems services (carbon sequestration, biodiversity, & food security), with a view to evaluating the impacts of climate change and land use planning decisions on these variables.