Agricultural expansion, overgrazing, and exploitation of firewood and non-timber forest products threaten forest ecosystems.
Source: World Bank
In line with its REDD+ priorities and partnerships, Burkina Faso is implementing its $30 million FIP investment plan to achieve two complementary projects that cover a range of national and local level activities.
They include creating a single, coordinated REDD+ strategy and piloting concrete actions for limiting deforestation and forest degradation in both state-owned and community-owned forests. Actions are also reducing poverty through participative management of land.
An average annual deforestation rate of 0.8% is leading to biodiversity loss and degradation of soil productive capacity
|NAME||FUND||FUNDING (USD MILLION)||COFINANCING (USD MILLION)||MDB|
|Climate change mitigation and poverty reduction through the development of the cashew sector in Burkina Faso (Wouol project)||FUNDForest Investment Program||COFINANCING (USD MILLION) 4.00||FUNDING (USD MILLION) 6.97||MDBAFDB|
|Decentralized Forest and Woodland Management||FUNDForest Investment Program||COFINANCING (USD MILLION) 16.50||FUNDING (USD MILLION) 9.76||MDBIBRD|
|Dedicated Grant Mechanism for Indigenous Peoples and Local Communities in Burkina Faso||FUNDForest Investment Program||COFINANCING (USD MILLION) 4.50||FUNDING (USD MILLION)||MDBIBRD|
|Gazetted Forests Participatory Management Project for REDD+ (PGFC/REDD+)||FUNDForest Investment Program||COFINANCING (USD MILLION) 11.50||FUNDING (USD MILLION) 1.17||MDBAFDB|
|SREP_15June2019||FUNDScaling Up Renewable Energy Program in Low Income Countries||COFINANCING (USD MILLION) 0.03||FUNDING (USD MILLION)||MDBAFDB|
The CIF programmatic approach to investment planning and implementation brings strategic value to CIF recipient countries. Working through a transparent, country-led process, the CIF fosters trust and collaboration among government ministries, civil society, indigenous peoples, private sector, and the MDBs that implement CIF funding. Together, they translate Nationally Determined Contributions and other national development and climate strategies into an actionable CIF investment plan. Rather than one-off projects, the plan comprises long-term, sequenced investments that mutually reinforce each other and link to other critical activities, such as policy and regulatory reform and capacity building. Under national government leadership, CIF stakeholders continue to work together to implement the plan, continually assessing progress and sharing lessons learned along the way.