What will the CBFF fund?
The CBFF was officially launched in June 2008. It will identify and build up its project pipeline in several ways to achieve its strategic objectives and milestones.
The principle approach is through open, competitive bidding rounds. These are open to eligible partners from the Congo Basin region, including governments, NGOs, civil society organisations, and the private sector.
Competitive bidding for funds is envisaged to occur at least annually. The process is overseen by the CBFF Secretariat, in accordance with AfDB rules and procedures. The full application process from the submission of concept notes, through to the preparation of detailed proposals for assessment and finally, the award of grants, is between 6 to 9 months.
Regardless of the size of project proposed, the CBFF is looking to approve projects which are innovative, of high quality; and will contribute to achieving the overall objectives of the Fund: to avoid deforestation and contribute to poverty alleviation in the Congo basin forests.