The Congo Basin Forest Fund

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1 The Congo Basin Forest Fund A Global Response to a Global Issue Presentation at the International Forum on the Sustainable Development of the Wood Industry in the Congo Basin Brazzaville, Republic of Congo 22 nd October 2013 Mette Vinqvist

2 CBFF BACKGROUND Launched in London in June 2008 by the United Kingdom, Norway and COMIFAC, joined by Canada in 2012 Hosted by the African Development Bank (AFDB), Agriculture and Agro-Industry Department Initial capitalization of EUR 117 million; $CAD 20 million pledged by Canada in 2012 EUR 84 million committed to 40 projects (NGOs, research institutions and governments) Competitive calls for proposals within COMIFAC countries

3 PURPOSE OF CBFF Mitigating climate change by reducing deforestation and forest degradation in the Congo Basin region Alleviating poverty among forest-dependent communities in the Congo Basin region forest quality and quantity conserving practices, which bring increased income and benefits to forest stakeholders in the Congo Basin region

4 WHY THE CONGO BASIN FORESTS? - The Congo Basin is the second largest tropical forested area on the planet - It contains 26% of the World s remaining rainforest - It contains both unique and threatened biodiversity - The Congo Basin covers 2.1 million km 2 - An estimated 50 to 60 (75?) million people depend on its resources - The dense rainforests of Central Africa alone store an estimated 30 million tons of CO 2

5 THREATS Shifting agriculture (slash-and-burn) Population growth and poverty Logging Oil and mining industry Forest degradation Trade in endangered species Harvest of a few commercially valuable species Destructive and unsustainable harvesting

6 Climate change Poverty Deforestation & degradation

7 STRATEGY Increase value of standing forest Adding value to forest products Diversifying products and services, incl. carbon Marketing products and services, incl. carbon Reduce pressure on the forest resource Increasing resource efficiency Reducing pressure by substitution Reforestation of degraded areas

8 CRITERIA Impact on deforestation or degradation Poverty alleviation/livelihoods Innovative or transformative Potential for sustainable financing Potential for replication/up-scaling Increasing knowledge of the resource

9 THE PRESENT CBFF PORTFOLIO AT A GLANCE 41 projects approved by the CBFF Governing Council Two competitive calls for proposals held (2008 and 2009) Total commitment to date 84 million 37 projects have started (7 are ending) 27 NGO-led projects (representing 40% of committed funds) 13 Government-led projects (representing 60% of committed funds)

10 GEOGRAPHIC DISTRIBUTION OF CBFF PROJECTS (COMIFAC COUNTRIES*) Cameroon 27% 6% 9% 3% 4% CAR Congo DRC 7% 43% Eq. Guinea 1% Gabon *Burundi, Chad and Sao Tome & Principe are covered by regional projects Multinational Rwanda

11 THEMATIC DISTRIBUTION OF CBFF PROJECTS Sustainable Forest Management (SFM) 14% 7% 6% 37% Livelihoods Development REDD+ 36% Monitory, Reporting and Verification Payment for ecosystems

12 SOME PROJECT EXAMPLES Alternatives to Mangrove Destruction for Women s Livelihood (Cam) Phasing out Slash and Burn Farming with Biochar (DRC) Multi-resource forest inventory for land use planning in Congo (Congo) Mise en valeur rebus forestiers and Reforestation of Degraded Systems (Congo) Valuation of African Medicinal Plants for mainstreaming Entrepreneurship (DRC) Gestion durable des boisements et restauration des forets (Rwanda) Support to sustainable forest resource management in Gabon (Gabon) Management and Restoration of the Biosphere Reserve-Basse Lobaye (CAR) Natural Resource Management Training Program in the Congo Basin (Multi) National MRV systems with a regional approach (COMIFAC countries) Agroforestry REDD+ Pilot Project in South Kwamouth (DRC) Beyond timber: Reconciling the needs of the logging industry with those of forest-dependent people (Multi)

13 OPPORTUNITIES Access to sustainable, legal raw materials Management plans Land tenure/land use planning/inventories Training Other areas Strengthening education Re- and afforestation (degraded areas) Value-adding activities

14 Forest Investment Program Deforestation "hot spots Measurable emissions reductions and co-benefits DRC US$21.5 mill. Integrated REDD+ project A total investment value of 1 billion US dollars in Forestry in 21 countries over the last 20 years CBFF PACEBCo Capacity building of COMIFAC institutions Sustainable biodiversity management and adaptation to climate change Promotion of populations welfare 5 years; million Forest Investment Programme (FIP) Congo Basin Ecosystems Conservation Support Program (PACEBCO) Complementarities with CBFF CBFF targets areas of COMIFAC convergence plan not addressed by PACEBCO CBFF strengthened by FIP and PACEBCO s capacity building

15 Thank you!