Ghana Secures $50 Million for Forest Investment Plan, Based On Restoration Analysis
The World Bank endorsed Ghana’s Forest Investment Plan in November 2012, approving a $50 million package that can restore forests, improve the country’s water supply, and provide better quality-of-life for communities. An analysis by the International Union for the Conservation of Nature (IUCN), Centre for Remote Sensing and Geographic Information Services (CERSGIS), WRI, and other partners was instrumental in making this breakthrough program come to fruition.
The Challenge
Most of the original forests in Ghana have been degraded or converted into agricultural lands. In order to avoid further deforestation, Ghana proposed a $50 million plan to the World Bank’s Climate Investment Funds. However, the World Bank declined to endorse the plan, arguing that it wouldn’t generate sufficient impact. The plan did not have any component for the restoration of forest and landscapes.
WRI’s Role
Meanwhile, IUCN, CERSGIS, and WRI had spent two years developing and applying a method to evaluate national forest and landscape restoration opportunities, supported by the World Bank Program on Forests (Profor) and the German International Climate Initiative. They found that Ghana had large-scale opportunities to capture carbon and improve quality-of-life through agroforestry, improved treatment of fallow land, and other measures.
The Government of Ghana and the World Bank incorporated the results of this restoration analysis into a revised plan. The addition of this evidence-based, well-argued restoration component persuaded the World Bank to green-light the Forest Investment Plan.
Our Impact
The $50 million investment will not only make Ghana a pioneer in restoring degraded lands to mitigate climate change, it can significantly improve the lives of the country’s rural populations. Restoring landscapes for agriculture, conservation, and other purposes can yield better harvests, improved water supplies, ecosystem services, jobs, and more.
WRI is currently working with IUCN and local partners as part of the Global Partnership on Forest and Landscape Restoration, continuing its engagement in Ghana and conducting similar national assessments in Brazil and Rwanda. The aim is to meet the Bonn Challenge, an ambitious, international goal to initiate restoration on 150 million hectares of degraded and deforested land by 2020.