A CBFF GRANT OF EUROs 6.17 MILLION TO FINANCE THE SUPPORT OF CONGO BASIN MRV REGIONAL PROJECT- PHASE I
Yaounde, Cameroun

On June 22, 2012, at the premises of the National Bureau of  the African Development Bank (AfDB) in Cameroon, AfDB and COMIFAC have proceeded to the signature of the Grant Agreement project entitled “Congo Basin MRV Regional Project –Phase I”. The project, which will cover 18 months and cost about EUR 6 157 127, was approved by the Governing Council on 21 June 2011. The overall goal of the project is to support the design and implementation of national monitoring and MRV systems in line with international recommendations and requirements, including coordination and capacity building at regional level. The project will be implemented directly in ten countries of the COMIFAC zone, namely Burundi, Cameroon, Central African Republic, Chad, Congo, Democratic Republic of Congo, Equatorial Guinea, Gabon, Rwanda, and Sao Tome and Principe. The project beneficiaries will be the populations of the countries concerned. It will also benefit the entire world in view of the environmental services provided by the Congo Basin forests. The direct beneficiaries at country level will be national services in charge of forestry and the environment, as well as technical institutions responsible for issues concerning negotiations on climate change and the REDD+ mechanism, and forest monitoring. At regional level, the beneficiaries will include COMIFAC and associated technical services, such as the Observatory of Central African Forests (OFAC).  The expected outcomes at the national level for the countries concerned include: i) the legal and institutional framework for REDD + is formulated to some countries and improved for others and (ii) the technical and institutional MRV system is developed for some countries and improved for others. The expected outcomes at the regional level are: (i) the regional coordination and support activities for forest monitoring and MRV systems is developed, (ii) the regional arrangements for technical and scientific capacity building and forest monitoring and MRV systems is developed and (iii) the regional technical support for the national monitoring and MRV systems is developed. National and regional capacities will be strengthened to formulate forest monitoring and MRV systems action plans particularly through technical assistance to be provided by FAO and INPE, in collaboration with other relevant related technical services already operating in the region