PREFOREST CONGO - Project to reduce greenhouse gas emissions from forests in five departments in the Republic of Congo

  • Mitigation
  • Under implementation
Date approved
19 Mar 2021
Est. completion
05 Nov 2029
ESS Category
Category B
Financing
Public sector
Entity
Food and Agriculture Organization of the United Nations

Overview

Despite having historically low deforestation rates, the Republic of Congo's vast areas of forests are now under increasing threat. A major cause is slash-and-burn farming to expand agriculture and meet the energy needs of a growing population.

This project is focused in the south where most communities practise subsistence farming and more than 80 percent depend on fuelwood as their main source of energy. The project consists of three integrated components focusing on the poorest communities in the target area. These comprise securing land access for small farmers; establishing fuelwood plantations and productive agroforestry systems; and improving market access for farmer groups while strengthening financing for agroforestry value chains.

Result areas

Countries

Regions

Priority groups

Project timeline

  • Pipeline

    422 days

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Legal opinion on AE's Internal Approval

    • Cleared by iTAP

  • Approved

    232 days

    • Approved by GCF Board

    • FAA executed

  • Under implementation

    1,684 days so far

    • FAA effective

  • To be completed

    1,239 days to go

    Not started

  • Total project value $ 46.6 million

  • Tonnes of CO2 equivalent avoided 16.8 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 46.6 million

Show details

GCF-financing

22% disbursed

  • Grant USD 28,988,852
  • Total GCF-financing USD 28,988,852

Co-financing

  • Inkind USD 9,015,286
  • Loan USD 1,563,000
  • Grant USD 7,000,000
  • Total co-financing USD 17,578,286

Documents

Project contacts

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