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PIF 2 2023 Annual Work and Budget Plan: review and validation

01/08/2023
Source : ORISHAS FINANCE
Categories: Companies

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Il s' est tenue le vendredi 29 juillet 2023 une activité ayant pour objectif de soumettre aux membres du Comité de Piloting, the 2023 PIF 2 Annual Work and Budget Plan (PTBA), for review and validation.

Le projet The 7-year forest investment agreement (PIF) (2022—2029) is chaired by the Minister of Water and Forests, Mr. Laurent TCHAGBA. It is financed by the World Bank for a total amount of 148 million dollars, or more than 90 billion FCFA over the period 2022—2029. It is structured into five components. In fact, this involves support for the development of Participatory Management Plans for classified forests, support for the implementation of Participatory Management Plans for forests classified as category 3, support for the sustainable management of National Parks and Natural Reserves, support for the implementation of Participatory Management Plans for forests classified as category 4 of the savannah zone and project administration, coordination and safeguards

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With this project, the government of Côte d'Ivoire intends to reduce deforestation and increase forest cover to a rate of 20% of the national territory by 2030. The Banque mondiale has agreed to support these reforms and has agreed to the financing of a forest investment program (PIF), the first phase of which began in 2018. for their part, the Government and the Ministry of Water and Forests are committed to everything implement to effectively conduct the PIF 2 project

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