Congo Basin Forest Fund (CBFF)
CBFF Secretariat, African Development Bank (AfDB)
To mobilize resources to finance activities and projects aimed at promoting the equitable and sustainable use, conservation and management of the Congo Basin forests and ecosystems for poverty alleviation, sustainable social-economic development, regional cooperation and environmental conservation.
The undisbursed balances at 31 December 2015: $53.5 million (UA 38.5 million)
At regular intervals and based on resource availability, the CBFF will issue competitive calls for proposals for eligible institutions to submit project concepts and proposals.
- aim at slowing the rate of deforestation,
- contribute to poverty alleviation,
- provide some contribution to climate stabilization and to greenhouse gas emissions reduction,
- conform to the COMIFAC Convergence Plan, and primarily in respect of strategic areas 2, 6 and 9,
- contribute to the preparation and implementation of national and regional REDD strategies or other similar,
- contribute to address CBFF thematic areas,
- be innovative and transformational,
- be gender sensitive,
- ensure sustainability, and
- be synergetic and well coordinated with planned and on-going activities, especially with other bilateral / multilateral initiatives by UN REDD programme and FCPF
a) Project concept notes and profiles are prepared by Eligible Applicants (Governments, NGOs, Civil Society, private sector entities, research entities, Technical Partners) and submitted to the CBFF Secretariat;
b) The CBFF Secretariat undertakes a number of actions on proposals received (screening, first order sifting, preparing program, proposing budget, ranking) before submitting the candidate project concept notes to the CBFF Governing Council for information;
c) Depending on the volume of concept notes received, the CBFF Secretariat will invite those Eligible Applicants whose concept notes satisfy CBFF criteria to submit more detailed project proposals;
d) The CBFF Secretariat will take a number of actions (desk-based screening and peer and country review of project proposals, in-country assessment and consultations with COMIFAC National Coordinators) before submitting the candidate project proposals to the Governing Council for consideration;
e) CBFF Secretariat together with the Eligible Applicant will take a number of actions in reply to CBFF Governing Council comments (review/finalisation, detailed design, technical and economic viability, sustainability, communication with Ministers responsible for forests to seek their opinions). Then after meeting the Governing Council’s remarks, the documents will be submitted to the Bank for review and financial approval (due diligence);
f) The Eligible Applicant’s project’s documents are sent for approval to the appropriate level (Director, Vice-President, President or Board) within the Bank
g) Resource payments to projects will only be made if agreed performance targets and milestones are met.
CBFF consists of a governing council, which provides strategic direction and oversight of the Fund, and ensure broad donor and stakeholder participation and a secretariat headed by a coordinator, to manage the Fund. A reference Group will act as a forum for consultations around the operation of the CBFF. The governing council is co-chaired by the Rt. Hon. Paul Martin (former Canadian Prime Minister) and Prof. Wangari Maathai (Nobel Peace Prize Laureate). Other members include the President of COMIFAC, the Secretary-General of the Economic Community of Central African States (CEEAC), a civil society representative and a donor representative and a senior AfDB official (VP). The Secretariat is based at AfDB Headquarters, with technical staff located at AfDB regional offices in Yaoundé and Kinshasa.
The Recipient is required to report on a six month basis on the physical and financial status of implementation of the activities financed under the CBFF. Each professional staff will, as Task Manager, will prepare and submit six monthly progress reports to the Governing Council on the status of implementation of all active projects. The reports must give a description of each activity and results attained in terms of meeting implementation schedules, status of execution of contracts, physical outputs and attainment of objectives. Within three months of completion of a project, all Recipients will submit a project completion report (“PCR”) covering the implementation of all project activities in a format defined by the Fund. The report must clearly state the outcomes in relation to the objectives and performance indicators.
Multiple indicators for assessment of project:
- Reduce the average rate of deforestation in the Congo Basin from 0.19% to 0.10% annually by sunset date of CBFF.
- Increase incomes for forest people by at least the rate of GDP growth per annum.
- Reduce logging density rates from 0.5 to 4 (CBFP 2006) trees per hectare to 0.5 to 2 trees per hectare subject to the determination of baselines and full economic and scientific analysis.
- Doubling of community-owned and administered forest lands in the Basin, subject to establishment of baselines, robust models and positive economic, social and environmental impact assessment.
- Introduction of at least two policy measures to reduce forestry related revenue losses by 50% over the programme period from current levels of $25 million USD (€ 20 million) per year.
Target beneficiaries are the inhabitants of the Congo Basin, and in particular vulnerable groups (women, Indigenous Peoples groups). The CBFF will also benefit eligible institutions, including Regional member countries (RMCs) of the Bank, their central and local government institutions or agencies thereof, as well as regional agencies or institutions concerned with Congo Basin forest conservation and management issues. Eligibility is also extended to non governmental organizations at the country or regional level; civil society organizations; community based organizations; research and training institutions; regional, sub-regional and sectoral organizations; and private sector institutions.