23 December 2013
Burkina Faso is to benefit from the close support of the African Development Bank (AfDB) and the World Bank, Forest Carbon Partnership Facility (FCPF). This now qualifies Burkina Faso as a REDD country and, with the award of a US $3.8-million grant, will allow the country to put in place the necessary policies and systems needed to effectively operationalize the REDD+ mechanism.
This marks a significant step forward for Burkina Faso, a Sahel country where wooded areas and forests cover approximately 13 million hectares, roughly equivalent to 43 per cent of the total land area, and forest reserves account for almost 4 million hectares.
However, despite these abundant forest resources, annual deforestation is estimated to be 107,000 hectares per year, while degradation is estimated at 0.5 million hectares per year. Much of this deforestation and forest degradation is driven by a complex array of factors but includes socio-economic, political, technological, and cultural factors.
Read more from SpyGhana here.