A validated National REDD+ Strategy to build on
|CAFI preparatory grant
Approved by the CAFI Executive Board on 8 February 2016 (decision EB 2016.01)
698,000 US$ to develop a National REDD+ Investment Framework
|Responsible Government Party||Ministry of Forest Economy, Sustaimable Development and Environment|
|Implementing organization||World Bank|
The Republic of Congo holds nearly 22.5 million hectares of forests – 65% of its territory – and one of the lowest deforestation rate in the Congo basin (0.052%). However, over 0.5 million hectares of forests could disappear every year between 2015 and 2020 due to the development of agricultural projects, notably cocoa and palm oil.
REDD+ in the Republic of Congo is considered a “sustainable development tool” and a genuine “pillar of green economy”. Three strategic policy instruments anchor REDD+ in RoC beyond the forest sector:
On the basis of consensus on drivers, a National REDD+ Strategy was validated in July 2016. The country’s commitment to reducing deforestation was further demonstrated by the development of an Emissions Reduction Program (ER-P) in the Sangha and Likouala Departments. Selected by the Forest Carbon Partnership Facility in July 2014, the ER-P should generate nearly 11.7 million tCO2 in emission reductions by 2021.
To complement the National REDD+ Strategy, the CAFI Executive Board approved a preparatory grant of 698,000 US$ to support the Republic of Congo to develop a comprehensive REDD+ National Investment Framework (REDD+ NIF). The REDD+ NIF will be designed to accommodate existing and future additional resources for implementation of the National REDD+ Strategy, such as funding from the Forest Investment Program (FIP), the Global Environment Facility (GEF), the Green Climate Fund (GCF), and other multilateral and bilateral donors, in addition to CAFI funding. Planned investments will support activities around two large scale programs :
The initial CAFI grant will also be used to:
The World Bank will support the development of the REDD+ National Investment Framework.