Board of Directors Documents

Abstract: The program aims at the conservation of the second largest tropical forest in the world and the second “green lung” of the planet, after the Amazon. The Congo Basin covers an area of over 4 000 000 km2. The Programme is expected to provide responses to the continued degradation of this forest and climate change. PACEBCo will allow for better understanding of the new carbon markets, good practices in environmental monitoring, and the introduction of the Local Development Fund (LDF). The Programme will cover a period 5 years starting from March 2009, and it is estimated at a total cost of UA 37.28 million including an ADF grant of UA 32.00 million, a contribution of UA 5.00 million from the Economic Community of Central African States (ECCAS) and UA 0.28 million from the beneficiaries living in the selected landscapes.