Laurent Chagba negotiates a plan with Portuguese investors

The Minister of Water and Forests, Laurent Chagba, in order to achieve the goal of reforestation set for him by the President of the Republic, Alassane Ouattara, took the opportunity to attend the International Agricultural Exhibition (SIA) in Paris to increase meetings. With technical and financial partners in the forestry sector.

What you need to know about these portuguese partners

In this spirit, he exchanged on Friday March 3, 2023 with the Portuguese company Mota-Engil Ativ and its technical partner BOTANICA who want to invest in reforestation in Côte d’Ivoire. MOTA_ENGIL ATIV is a group that specializes in, among others, carbon sequestration and BOTANICA specializes in landscape planning and nursery management. These groups would like to enter into a long-term partnership with the State of Côte d’Ivoire through the Ministry of Water and Forests in order to offer their expertise in reforestation and carbon stock management.

Some 86 degraded forests are waiting to be rehabilitated

Minister Laurent Chagba expressed his pleasure at this meeting, which lays the foundations for cooperation between his investors and the Ministry of Water and Forests in the context of combating deforestation. He instructed his collaborators to select some of the 86 most degraded forests awaiting rehabilitation, so that they would visit them, select them, and sign agreements. It should be noted that within the framework of these public-private partnerships, the state does not have financial resources to mobilize from its budget, it is up to the partner to cover and reimburse all the costs of forest rehabilitation. Thereafter using the carbon credit mechanism.

See also  Portugal está em recessão, PIB caiu 14,1% no segundo trimestre

The forest is thus rehabilitated and royalties are paid to the state. Still in the process of finding a solution to rehabilitate forest cover in Côte d’Ivoire, Laurent Chagba signed a Memorandum of Understanding with Agro-Map and Dutch Green Business. This Memorandum of Understanding has been signed to carry out a feasibility study for the establishment of agroforestry plantations in the classified forests of De (Zinola) and Niñoro (Lakota) with the aim of generating carbon credits.

The Parties undertake to use their best efforts to ensure the proper implementation of the Protocol, in particular to respect the terms and deadlines set for the actions to be taken under this Protocol, which expire for a maximum period of one year from the date of signature. If the results of the feasibility study are conclusive, it will lead to the signing of the franchise agreement.

You May Also Like

About the Author: Irene Alves

"Bacon ninja. Guru do álcool. Explorador orgulhoso. Ávido entusiasta da cultura pop."

Leave a Reply

Your email address will not be published. Required fields are marked *