At the heart of the Congo Basin rainforest, Congo Republic is working to achieve cross-sector land planning that balances economic growth and development goals with efforts to conserve forests and increase carbon stocks.
Source: World Bank
In line with its national REDD+ strategy, Congo Republic’s FIP investment plan, for an indicative $24 million in grants and concessional financing, aims to create the necessary regulatory, technical, and capacity frameworks needed to enable forest preservation activities and support the emergence of a green economy.
Projects will develop agroforestry plantations, subsistence and commercial agriculture, and fuelwood plantations in targeted degraded and non- forest areas to benefit communities while preserving natural resources. Interventions will cover the entire product value chains from production of seeds and seedlings to processing and marketing of agricultural and energy products (firewood and charcoal).
The economy is mainly based on natural resources, including oil and timber, which represent 60% and 10% of GDP respectively
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.