Posted on December 7, 2020 12:08:00 PM
For the third time this year, over 80 people - donors, partner countries, agencies and technical experts- have gathered virtually from 9 to 13 November for CAFI’s 17th Executive meeting. Highlights included:
On a Fund level, substantial new contributions were received this year from the Netherlands (17 M USD) and Germany (67,5 M USD), bringing the Fund capitalization to close to 500 million, as per the objective set out in 2015 when CAFI was launched. This new funding will allow CAFI to step up efforts with all its partner countries.
Based on the data provided by implementing organizations in programme documents, CAFI-funded programmes in the Democratic Republic of Congo (DRC) and Gabon are currently expected to reduce Co2 emissions by at least 75 million tons.
Gabon was able to submit its 2016 and 2017 emission reductions estimates that will qualify, if independently verified, for results-based payments from CAFI based on the historic agreement signed last year. Gabon also presented the way these payments would be used in new planned activities to further reduce emissions in the forest and land-use sectors, and improve the livelihoods of both rural and urban populations.
Board members and representatives from the DRC's FONAREDD held frank discussions towards a new 10-year partnership agreement – including on how to align CAFI’s priorities in the forest, land-use and agricultural sectors, among others, with DRC’s Nationally Determined Contribution (NDC) and sustainable development plan.
The Republic of Congo presented its new government coordination structures, established to ensure national involvement and ownership in programme follow-up and implementation. A new approved CAFI-funded programme will support these efforts, along with a programme on environmental and social impact studies to prepare for better forest protection in main areas such as the forestry and agriculture sectors.
Progress was also shared in partner countries that are in earlier stages of their CAFI partnership, but that have shown growing political commitment to forest preservation in the past months:
CAFI is now entering into its second phase, with an extension until 2027. Its 17th meeting helped wrap up operational discussions and lay the foundation for continued and more ambitious investments and policy dialogues.
As part of these discussions, the Executive Board considered new measures to increase transparency and accountability within the Trust Fund and with its partner agencies, a process aided by Transparency International’s recent report and the - soon to be published - CAFI mid-term evaluation.
In addition to a number of operational changes to be reflected in the revised terms of reference of CAFI, changes already include:
In addition to the joint work with the CBFP mentioned above, a discussion with the African Forest Landscape Restoration Initiative (AFR-100), a country-led effort to bring 100 million hectares of land in Africa into restoration by 2030, sparked new ideas on how to increase synergies with CAFI programmes in working to assist countries in transforming countries’ restoration pledges into results on the ground.
The next Executive Board meeting will take place in April 2021.
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