Cote d’Ivoire’s economy is rebounding post-conflict, but its forests less so due to uncontrolled fuelwood and timber harvesting, slash-and-burn agricultural, and mining. With over 50% of its carbon emissions related to deforestation and forest degradation, Cote d’Ivoire is committed to reversing the trend.
Source: World Bank
In line with its national REDD+ strategy, Cote d’Ivoire’s FIP investment plan, for an indicative $24 million in grants and concessional financing, focuses on curbing destructive activities, such as illegal logging in natural forests, and promoting forest cover restoration and conservation activities through agroforestry, secured land tenure and access rights, improved forest
management and monitoring, and alternative sources of income for rural communities. By addressing the underlying issues of land tenure insecurity, poor agricultural productivity, poverty, and weak forest governance—and by mobilizing financial and technical support in a comprehensive strategic framework—the FIP is expected to be a catalyst for transformational change.
Total forest cover decreased from 16 million ha in 1900 to 6 million ha in 2000
|NAME||FUND||FUNDING (USD MILLION)||COFINANCING (USD MILLION)||MDB|
|Forest Cover Recovery and Resilience Improvement Project in the Center of Côte d’Ivoire||FUNDForest Investment Program||COFINANCING (USD MILLION) 9.00||FUNDING (USD MILLION) 20.84||MDBAFDB|
|Forest Investment Project||FUNDForest Investment Program||COFINANCING (USD MILLION) 15.00||FUNDING (USD MILLION)||MDBIBRD|
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.