Equatorial Guinea
A National Investment Framework to address drivers while promoting economic diversification
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Eq. Guinea, Cameroon & Congo share progress
CAFI meeting an opportunity to showcase progress and challenges of developing National Investment Frameworks
At a Glance
| CAFI Preparatory grant | Approved by the CAFI Executive Board on 7 November 2016 (Decision EB.2016.22) 1 million US$ to develop a National REDD+ Investment Framework Expected closure: 31 December 2019 |
| Responsible Governmental Party | Ministry for the Economy, Planning and Public Investments |
| Implementing organization | FAO |
| Fund Transfer | See the MPTF Gateway CAFI page, under "projects" |
| Status | Elaboration of the National REDD+ Investment Framework |
Context and advances
REDD+ in Equatorial Guinea
Thanks to CAFI funding and with FAO support, estimations of the forest cover of Equatorial Guinea are now of 2.5 million hectares, covering 93% of the country, and its carbon reserves at 195 million tons. The annual deforestation rate is 0.3% (87,000 ha/year), whilst forest degradation, though hard to quantify, may even be a larger problem at 0.9% (270,000 ha/year), due in part to commercial logging for export to Asia and Europe.
A preparatory grant to develop the national REDD+ Investment Plan
In November 2016 the CAFI Executive Board allocated 1 million US$ to support Equatorial Guinea to develop a REDD+ National Investment Plan (REDD+ NIP). This plan will guide and support initiatives with multiple partners and sectors needed to tackle deforestation.
This multi–sectorial plan will:
- contribute to the objectives of the national “Horizon 2020 Social and Economic Development Plan”
- be based on updated studies and data
- be developed through a consultative process that fosters broad consensus
- aspire to achieve results on a large scale
- allow the mobilization and coordination of possible funding sources (CAFI, GCF, GEF, FIP, national funds, etc.) under a single framework.
The REDD+ NIP will include pilot projects to test frameworks, concepts and strategic options at a sub-national level before adapting and applying them nationally.
High level leadership and inter-ministerial action
The Ministry for the Economy, Planning and Public Investment leads the preparation of the REDD+ NIP, thus ensuring coordination between various ministerial departments and promoting approval at the highest levels of the government.
The Ministry leads an inter-ministerial Steering Committee that oversees the preparation of the REDD+ NIP. This committee includes more than 10 ministerial departments: Fisheries and Environment (Vice- Chair); Agriculture and Forests (Secretariat); Finance and Budget; Public works and Infrastructure; Mining, Industry and Energy; Interior and local authorities; Information, Press and Radio; Social Affairs and Women’s rights; National Security; Foreign Affairs and cooperation ; as well as representatives of the Senate and the Parliament, and of civil society, community leaders, the private sector and academia.
Updated data and better knowledge of drivers
A spatial and qualitative study of the direct and underlying causes of deforestation and forest degradation for the period 2004-2014 was finalized and validated in 2017. The study will inform the national REDD+ process, supporting decision-making and planning of future socio-economic development policies, land and natural resources management, and guide investments to reduce impacts on forests and emissions.
Consultations and communications
Implemented consultation and gender action plan and unrolled its communications strategy: in 14 international and national press releases, REDD+ explainer video for national TV, two workshops on Forests, climate and REDD+ for journalists and distribution of promotional products.
Key Documents
CAFI Executive Board decisions related to Equatorial Guinea