Photo credit: Silverback
New York, 22 September : Donors to the Central African Forest Initiative (CAFI) have stepped up in New York with important pledges to support ambitious climate and forest targets from six African countries hosting the second largest rainforest after the Amazon and one of the largest watersheds in the world.
On the sidelines of the Climate Action Summit, Germany pledged today 33 million US dollars, while the Republic of Korea announced a 2 million dollars contribution. Earlier this year, the European Commission had announced a 17 US$ million contribution.
These new donors seek to enhance existing preservation of rainforests across the six CAFI partner countries – Cameroon, Congo (Republic of), the Central African Republic, the Democratic Republic of Congo, Equatorial Guinea, and Gabon – through a holistic approach that addresses all sectors affecting forests.
“Our contribution to CAFI demonstrates our genuine commitment to coordinated and scaled up actions in the Central African region, where rural development and land use planning are key to tackling the root causes of forest loss,” said Dr Maria Flachsbarth, State Secretary to Germany’s Federal Minister for Economic Cooperation and Development.
Chongho Park, Deputy Minister of the Forest Service of the Republic of Korea, declared : “Our contribution shows our commitment to sustainable forest management by reducing deforestation and improving the lives of communities. South Korea, as a country experienced in forest rehabilitation, aims to contribute to maximizing the role of forests in addressing climate change and poverty reduction.”
These pledges are additional to Norway’s 150 million US dollars of results-based payments for emission reductions and removals with Gabon, and come only a few weeks after President Emanuel Macron signed a Letter of intent between CAFI and the Republic of Congo (US$ 65 million US dollars, channelled through the CAFI Fund as well as via new bilateral commitments from the French Development Agency, UK’s DFID and Germany’s Ministry for Environment).
Established in 2015, CAFI supports strategic and holistic national investment frameworks based on REDD + and low emission development, focusing on six high forest cover countries in Central African region.
CAFI is managed by the United Nations Multi-Partner Trust Fund Office (MPTF), where United Nations agencies, the World Bank and bilateral development partners act as implementing agencies to support partner countries. The United Nations Development Programme (UNDP) hosts the CAFI Secretariat in Geneva.
Additional information about Germany’s engagement in forest preservation
Additional information about South Korea’s engagement in forest conservation
For more information
Sarah Bel, Communications Specialist, United Nations Development Programme Geneva (Switzerland), [email protected], tel. +41 79 934 1117Follow @CAFISecretariat