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Equatorial Guinea is one of the few countries in the world that is practically entirely covered by forests.
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While it has maintained relatively low deforestation rates over the past decades (0.2% per year), it is estimated that 30 579 (± 8 530) hectares of forests, or 1.2% of forests were degraded each year over the 2014-2018 period, marking a sharp increase from the 2004-2014 period. Please click here for deforestation and degradation extent and trends in Equatorial Guinea.
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With the discovery and exploitation of oil reserves in the 1990s and 2000s, Equatorial Guinea enjoyed one of the fastest economic growth rates in the world, that, notably, allowed the country to develop its infrastructure. Yet with decline in oil prices, the country has experienced a sharp economic recession since 2015, and now seeks to diversify its economy away from oil. While timber exports only represent 2% of the GDP in 2018, Equatorial Guinea is one of the most important African exporters of timber to China, especially oukoumé.
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By signing the CAFI Declaration, Equatorial Guinea entered into its partnership with CAFI in 2016, and received shortly after a preparatory grant to support the background studies and the development of the National REDD+ Strategy and Investment Plan.
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The vision of Equatorial Guinea for its forests, carried forward by the Ministry of Finance, Economy and Planning together with the Ministry of Agriculture, Forests, Livestock and Environment, is now rooted in its National REDD+ Strategy : it seeks “to contribute to the global fight against climate change and to the development of the country to achieve the well-being of the people of Equatorial Guinea through REDD+, with an approach based on competitiveness, sustainability, integrated land management, food security, and social and gender equity”.
- Structured around four sectors and four cross-cutting issues, the REDD+ Strategy aims to reduce greenhouse gas emissions by 20% by 2030; maintain the current forest cover of 93%; and reduce the annual forest degradation rate to 0.45%.
Partnership at a Glance
The forests of Equatorial Guinea include a range of different ecosystems including tropical rainforests, Afromontane forests, swampy and floodplain forests, mangroves, subalpine formations and high grasslands. They are home to hundreds of species of mammals and birds and numerous species of reptiles, amphibians and fish. Many are endemic to the country's islands.
million hectares of forests
tCO2 released from forests every year
of forest cover
dollars in CAFI funding
thousand cubic meters of timber exported in 2019
of emission reduction target in NDC by 2040
Our programmes
Policy dialogue
Since the conclusion in 2019 of the preparatory grant to develop the National REDD+ strategy and investment plan, CAFI, notably through the French and German Embassies in Malabo, has been engaged in a policy dialogue with the Ministry of Finance, Economy and Planning and the Ministry of Agriculture, Livestock, Forests and Environment to continue shaping the partnership.
Following the first-ever inclusion of environmental issues into the IIIrd National Economic Conference in 2019, ensuring that the National Development Strategy fully considers the role and value of forests is part of this dialogue.
Latest updates
Documents
Equatorial Guinea - National REDD+ Strategy (Spanish)
Equatorial Guinea - National REDD+ Strategy (Spanish), 7 Feb 2019
7 Feb 2019
Equatorial Guinea - National REDD+ Investment Plan (Spanish)
Equatorial Guinea - National REDD+ Investment Plan (Spanish), 21 Jul 2020
21 Jul 2020
Overview of all CAFI EB decisions on Equatorial Guinea
Overview of all CAFI EB decisions on Equatorial Guinea, 27 Jun 2022
27 Jun 2022
Photocredit: GEF-SNAPG