Fund Launched to Conserve Congo Basin Rainforest

17 June 2008: The Congo Basin

Forest Fund, a multi-donor facility established to take action to protect the

forests in the Congo Basin region, was launched in London, UK. The Fund will be

used over a ten-year period, up to 2018, to finance the

Central African Forests Commission (COMIFAC) Action-Plan in ten different

strategic areas aimed at conserving the Congo Basin rainforest.

The partnership involves ten country members of the COMIFAC (Burundi,

Cameroon, Chad, Central African Republic, Congo, Democratic Republic of Congo,

Equatorial Guinea, Gabon, Sao Tome and Principe, and Rwanda) as well as the UK

and Norway. The UK and Norway are providing US$214 million to the fund and will

also supply satellite-imaging technology to monitor the area. [Congo Basin Forest Fund]