News

CIF Funds Forest Management in Burkina Faso

AfDB13 November 2013: The African Development Bank (AfDB) has announced US$11.5 million of support for the Government of Burkina Faso under the Climate Investment Funds' (CIF) Forest Investment Program (FIP).

The funding is intended to support the development of a system for measurable, reportable and verifiable (MRV) REDD+ accounting as well as investment in improved forest governance and the facilitation of the protection of 284,000 hectors of forest. Planned activities include capacity building for the REDD+ legal framework and administration as well as capacity building for participatory management of gazetted forests and the construction of community facilities.

Outcomes from the project will benefit over 5,000 producers, half of whom are women, with indirect benefits extending to around 850,000 people. The funding announcement was made following the semi-annual Trust Funds Committees meetings. [AfDB Press Release]