Ghana's Forest Investment Programme Fully Funded

27 November 2013

Ghana has received approval for a $9.75 million contribution from the Climate Investment Fund (CIF) through the African Development Bank to implement a Forest Investment Programme, ITTO reported.

The funding is intended to help reduce deforestation and forest degradation, increase carbon stocks and reduce poverty. This programme will engage communities in land management to generate financial and environmental benefits.

About 12,000 people, half of them being women, would receive support in capacity building and equipment. They will also benefit from financial incentives through benefit sharing agreements to develop forestry, agro-forestry and alternative livelihood activities. The initial stage of the programme will be piloted in the forest areas in the Western and Brong-Ahafo regions.

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