Public Management

Côte d’Ivoire seeks US$1.1 bln for reforestation program

Tuesday, 10 May 2022 20:02
Côte d’Ivoire seeks US$1.1 bln for reforestation program

(Ecofin Agency) - Within just 100 years, Côte d'Ivoire lost nearly 82% of its forest cover. From 16 million hectares in 1900, the country had only 2.9 million hectares in 2021. During the ongoing COP15, President  Alassane Ouattara announced a program to increase the cover to 5.9 million hectares by 2030. 

Côte d’Ivoire currently seeks US$1.1 billion to fund its reforestation program. The information was disclosed in an official release issued Monday, May 9. 

According to the release, Ivorian authorities hope to restore 3 million hectares of forests by 2030 thanks to "The Abidjan Legacy Program".

"The initiative promotes agroforestry and appeals to the private sector for the restoration of forest cover,” indicated President Alassane Ouattara. 

Sixty percent (60%) of the Côte d’Ivoire’s national territory is hit by drought and desertification. According to authorities, the rate is 90% in its northern regions. The situation negatively affects agriculture and agribusiness, causing migration and inter-community conflicts, the release explains citing the President of the Republic.

At least two institutions have already pledged support to the program.  The African Development Bank (AfDB) announced a US$500 million support while the Food and Agriculture Organization of the United Nations (FAO) will commit about US$20 million.

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.