On September 30, 2026, in Libreville, Gablin Mbye Ntoma, Principal Technical Advisor of BIOFIN, presented the objectives of the Biodiversity Financing Plan (PFB) to experts. The plan requires 3.6 billion FCFA for its implementation. The PFB aims to address the country's biodiversity conservation needs while promoting economic development. This presentation took place on the sidelines of technical works.
The PFB's cost is based on an evaluation of financing needs and the National Strategy and Action Plan for Biological Diversity (SPANB) for 2026-2030, estimated at 44.2 billion FCFA. An analysis of public expenditures on biodiversity from 2018-2022 revealed 12.5 billion FCFA spent, accounting for 28% of the overall needs. These findings informed the development of the PFB.
The primary objective of the PFB is to balance economic growth with biodiversity preservation by reducing pressures and enhancing synergies among conservation efforts. Mbye Ntoma emphasized Gabon's goal of establishing a robust biodiversity financing system. This system aims to mobilize sufficient, predictable, and long-term financial resources for ecosystem conservation, management, and restoration.
The PFB aligns with Gabon's National Development Plan (PNCD) 2026-2030, which focuses on biodiversity conservation and sustainable forest management. The plan also supports the country's Nationally Determined Contribution (CDN 3.0) by maintaining and enhancing Gabon's carbon neutrality beyond 2050. This integration ensures a cohesive approach to biodiversity conservation and sustainable development.
The development of the PFB involved a thorough analysis of Gabon's biodiversity needs and existing conservation efforts. By addressing the funding gap, the government aims to ensure the long-term sustainability of conservation initiatives. The PFB is a critical component of Gabon's strategy to protect its rich biodiversity while promoting economic growth.
Effective implementation of the PFB will require collaboration among various stakeholders, including government agencies, international organizations, and local communities. The plan's success will depend on the ability to mobilize the necessary funds and coordinate conservation efforts. Gabon's commitment to biodiversity conservation is reflected in its efforts to develop a comprehensive financing plan.
The presentation of the PFB marks a significant step towards achieving Gabon's biodiversity conservation goals. With a clear plan in place, the government is poised to address the challenges of balancing economic development with environmental protection. The PFB's implementation will be closely watched by conservationists and development experts.
Key points
- The Biodiversity Financing Plan requires 3.6 billion FCFA for implementation.
- The plan aims to reconcile economic development and biodiversity preservation.
- The PFB aligns with Gabon's National Development Plan and Nationally Determined Contribution.
