Home to one-seventh of the Earth’s forests and a population of 80 million people largely dependent on forests for their livelihoods, the Democratic Republic of Congo (DRC) is taking steps to secure the future of its forests and harness their potential to reduce poverty and achieve sustainable development.
Source: World Bank
DRC is directing $60 million in FIP grants and concessional financing to enhance ongoing national REDD+ processes to address the key drivers of deforestation and forest degradation, namely, illegal logging, household slash-and-burn agricultural, and overexploitation of fuelwood. FIP financing targets deforestation “hotspots” around the cities of Kinshasa, Kananga, Mbuji-Mayi, and Kisangani.
Specific investment areas include afforestation and reforestation through agroforestry and other methods, dissemination of improved cook stoves and charcoal-making techniques, development of alternative energy sources (such as agricultural waste), and community-based capacity building on sustainable forest management.
The Congo Basin rainforest, the second largest contiguous tropical rainforest in the world, covers nearly two-thirds of DRC
|NAME||FUND||FUNDING (USD MILLION)||COFINANCING (USD MILLION)||MDB|
|Forest-Dependent Community Support Project||FUNDForest Investment Program||COFINANCING (USD MILLION) 6.00||FUNDING (USD MILLION) 7.65||MDBIBRD|
|Improved Forested Landscape Management Project (IFLMP)||FUNDForest Investment Program||COFINANCING (USD MILLION) 36.90||FUNDING (USD MILLION)||MDBIBRD|
|Integrated REDD+ Project in the Mbuji-Mayi/Kananga and Kisangani Basins||FUNDForest Investment Program||COFINANCING (USD MILLION) 21.50||FUNDING (USD MILLION) 0.60||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.