| Project Detail |
The project aims at protecting, rehabilitating and expanding forests in Côte dIvoire through the financing of selected capital-intensive structural investments and soft-asset investments of a comprehensive national reforestation and forest rehabilitation programme.
Objectives
This operation aims to finance selected elements of a comprehensive national forests rehabilitation programme in Côte dIvoire, which is expected to increase the countrys forest cover by 2.9 million hectares (i.e. 20% of the Ivorian landmass) over the period 2021-2030. The plan supports the implementation of the National Strategy of Conservation, Restoration and Expansion of Forests (SPREF, 2019), which aims at halting and reversing the high deforestation rate of the country.
Sector(s)
Agriculture, fisheries, forestry - Agriculture, forestry and fishing
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 300 million |
