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HomeAfricaCARPE to invest $150 million in the Congo basin

CARPE to invest $150 million in the Congo basin

The Regional Programme for the Environment in Central Africa (CARPE) will have by 2011 invested some US$150 million in the promotion of sustainable management of forests of the Congo basin, its director-general, John Flynn, said on Thursday February 08th.

Flynn said the fund will also be used to strengthening both human and institutional capacities of countries of the basin. Since the establishment of CARPE in 1995, according to Flynn, US$98 million have been used in the bid to reduce the pace of degradation of the Congo basin forests, which cover a large part of Central Africa, estimated at 1.8 million hectares.

CARPE operates in Burundi, Cameroon, the Central African Republic, DR Congo, Equatorial Guinea, Gabon, Congo, Rwanda, Sao Tome and Principe.

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