The International Development Association (IDA)-funded Sustainable Congo Basin Forest Economies Program (SCBFEP) –$394.83 million for Phase 1—, will improve forest management, strengthen forest value chains, and will generate 220,000 jobs across the Republic of Cameroon, the Central African Republic (CAR), and the Republic of Congo (RoC). This next generation of forest investments moves decisively beyond a conservation-only approach, building the economic conditions that make forest stewardship sustainable. These will unlock real jobs and real economic opportunities for the 60 million people living in and around the Congo Basin who have long been bypassed by growth. “This new program marks a milestone for the Congo Basin, where sustainable forest economies create jobs, raise incomes, and strengthen resilience for millions of people,” says Chakib Jenane, World Bank Regional Director for Planet. Contacts:In Washington: Aby K. Touré, akonate@worldbank.orgIn Bangui: Emmanuel C. Dembassa Kette, edembassakette@worldbankgroup.orgIn Brazzaville: Franck Bitemo, fbitemo@worldbankgroup.orgIn Douala: Odilia Hebga, ohebga@worldbank.orgThe post A New World Bank-Funded Program to Transform Forest Economies and Drive Jobs Opportunities for 60 million People around the Congo Basin appeared first on African Media Agency.

Source: GNN Liberia April 03, 2026 03:08 UTC