30 September 2021 in Brazzaville – The Heads of State and Government of the member states of the Congo Basin Climate Commission (CBCC) and the Congo Basin Blue Fund met at a summit chaired by Denis Sassou N'Guesso, President of the Republic of Congo. An introspective meeting, three years after the creation of the Commission, all the more significant as we approach COP26, which takes place in Glasgow early November.
At the end of the summit, the governance scheme and investment plan of the Blue Fund presented by the firm Ernst & Young (EY) was approved and the Development Bank of Central African States (BDEAC) was appointed manager of the Blue Fund's financing line. Finally, the representatives of the Heads of State and Government undertook to ratify the Protocol establishing the CCBC, in order to initiate the creation of the Blue Fund Implementation Unit.
For reference, Jean-Yves Ollivier, Founding Chairman of the Brazzaville Foundation, had presented the proposal for the creation of the Blue Fund, developed with the experts of the Strategic Foresight Group and the Republic of Congo in view of the COP 22 in Marrakech in 2016.
Appointed Goodwill Ambassador of the Fund by the Heads of State in 2018, Jean-Yves Ollivier is delighted to see this proposal become a success to ensure the preservation of the second lung of the planet.
Family picture after the signing of the Agreement for the creation of the Congo Basin Blue Fund, on 9 March in Oyo, Republic of Congo
During the second summit of Heads of State and Government, the Brazzaville Foundation was represented by its Chief Executive, Richard Amalvy, who shared the actions carried out within the framework of the operationalisation of the marketing communication and advocacy strategy developed last July in Brazzaville and the support to fundraising that will allow the financing of the project pipeline.
Second Summit of Heads of State and Government, 30 September in Brazzaville and by video conference
The next milestone for the Commission's stakeholders will be in Glasgow from 1 to 11 November 2021 for the expected COP 26. The CCBC will advocate the cause of preserving the Congo Basin in its pavilion, in order to mobilise bilateral and multilateral support, as well as assistance from non-governmental stakeholders. The Brazzaville Foundation will be present in the pavilion and will continue to carry out its mandate.
More information on the CBCC website