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The purpose of this study is to analyze the economic value of Nigeria’s forest resources and demonstrate some policy instruments that would alleviate pressure on these natural forest systems. The results show a rapid and severe rate of deforestation, results from a range of cumulative effects fundamentally driven by the immediate availability of woody biomass in the form of timber, fuelwood and construction timber; and the opportunity to acquire land for significantly higher agricultural returns. Together, these drivers comprise a considerable economic incentive for deforestation. The total value of forest ecosystem services based on valuations done between 2000 and 2015 is approximately 1,000,000 Naira/ha. Although value is derived through forest use, the unsustainable exploitation thereof and subsequent deforestation results in a net loss to the economy of Nigeria.  These losses will continue for as long as there is a disconnect between the cost-benefit decisions made by land holders, users and other indirect role players, where the net benefit of deforestation is highly positive; and the cost-benefit ratio at a national scale, which, as demonstrated above, is highly negative. Thus, to address the unique deforestation challenges faced by Nigeria, this study not only uses accounting and valuation of natural capital, but also makes significant progress towards designing and testing policy instruments that goes to the heart of the country’s deforestation problem The analysis shows that the contribution of forests to the economy of Nigeria is underestimated in the national accounts. Furthermore, the study demonstrates three economic policy instruments that seek to incentivise landholders to pursue sustainable forest management. These proposed policy options are not intended to be a comprehensive final set of options for Nigeria, but are rather used to demonstrate how these options could work, what they would cost, to what extent they would curb deforestation and what the relative costs and benefits to the economy of Nigeria would behe three preliminary policy options tested are: (i) Carbon trade; (ii) Certified plantation forestry and (iii) Agroforestry.

Biodiversity in Côte d’Ivoire is among the richest in Western Africa. The country’s total forest area was estimated at over seven million hectares in 2000 but has fallen sharply due to high rates of deforestation and forest degradation suffered in its recent history. Several policies have been put in place to curb this trend and restore the country’s ecological capital as it makes the transition to a more sustainable model of development. Côte d'Ivoire became a UN-REDD Programme partner country in June 2011 and has developed a REDD+ Readiness Plan following a participatory approach.

Les forêts de Côte d’Ivoire ont subi d’énormes pressions au cours des dernières décennies. Au rythme actuel de la déforestation, la Côte d’Ivoire pourrait perdre la totalité de sa couverture forestière d’ici à 2034 (FCPF, ONU-REDD, 2014). L’expansion agricole des cultures vivrières et de rente (en particulier le cacao, le palmier à huile et l’hévéa), l’exploitation forestière et minière et la forte dépendance des ménages au bois énergie ont favorisé la disparition du couvert forestier (Etc Terra, 2016). La plupart de ces activités accroissent la vulnérabilité aux impacts du changement climatique, menaçant la productivité des terres dont dépend l’économie ivoirienne. Des alternatives existent. La réorientation des centaines de milliards de Francs CFA (FCFA) dépensés annuellement dans l’utilisation des terres vers des activités plus vertes pourrait accroître la productivité sans sacrifier les forêts du pays. Reconnaissant cette opportunité, le gouvernement de la Côte d’Ivoire développe sa Stratégie nationale et son Plan d’investissement REDD+ dans le but d’initier la transition vers une agriculture zéro déforestation et de restaurer le couvert forestier à 20% du territoire d’ici à 2030. La Cartographie des flux financiers alignés à la REDD+ en Côte d’Ivoire offre un diagnostic de la nature et du volume des flux financiers déboursés en 2015 par l’Etat ivoirien et ses partenaires techniques et financiers qui contribuent à la lutte contre la déforestation. Elle vise à la fois à mesurer les progrès dans la mobilisation de financements contribuant à la lutte contre la déforestation et à identifier les besoins et opportunités d’appui

The EU REDD Facility, together with the Climate Policy Initiative, the UN-REDD programme and IMPACTUM, conducted a study on land-use finance in Côte d’Ivoire to measure progress and identify opportunities to increase funding towards the implementation of REDD+ objectives.

Steering Committee meeting minutes

Letter from the Government of Colombia requesting no cost extension

Justification for request for no cost extension