The Congo Basin Forest Fund (CBFF) is a multi donor fund set up to take early action to protect the forests in the Congo Basin region. The Fund receives proposals for transformative and innovative initiatives from governments and civil society and private sector of the Congo Basin to slow the rate of deforestation, through developing the capacity of the people and institutions in the countries of the Congo basin to manage their forest. This includes helping local communities find livelihoods that are consistent with forest conservation and developing new approaches which will bring genuine change and ensure future sustainable forest management.
The Fund supports activities/projects which complement particular aspects of the COMIFAC (The Central Africa Forests Commission) convergence plan. The CBFF will work closely with Central African governments, regional institutions, COMIFAC, ECCAS, Congo Basin technical partners, international donors, NGOs and private sector. Although the CBFF is intended to directly benefit the countries of the Congo Basin, it is also considered as a global public good, which will have continental as well as global benefits.
The CBFF received an initial capitalization of approximately EUR 118 million from the UK and Norway. The CBFF Secretariat is based in Tunis, at the African Development Bank, and also has representatives at the Bank's field offices in Yaoundé and Kinshasa.
WHAT DO THEY FUND?
CBFF funds transformative, innovative projects aimed at reducing the rate of deforestation and alleviating poverty that touch upon one or several of the following four areas:
1. Forest Management and Sustainable Practice
2. Livelihoods and Economic Development
3. Monitoring, Assessment and Verifications.
4. Benefits from an international regime on REDD and payments for ecosystem services.
CBFF also funds work identified by the governing council and CBFF partners in specific areas not covered by proposals.
ELIGIBLE INSTITUTIONS INCLUDE:
- Governments, civil society organizations duly registered in a Congo Basin country.
- Community-based organizations
- NGOs preferably based in Africa and/or that provide evidence of partnership with African institutions.
- Private forestry sector operators and institutions.